116 W Chicago AveMarcelineMO64658
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Marceline at 116 W Chicago Ave, Marceline, MO, 64658 offers a 9.95% rental yield on a $129,000 purchase with $1,070/mo rent. Total monthly income registers $1,070/mo, and a $631/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,204/yr on $42,764 to close, and return on cash invested stands at 27.4% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 143.03% and total cumulative return in cash at $61,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,070/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64658, Marceline, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 956 (63.4%) |
| Renter Occupied HU | 323 (21.4%) |
| Vacant Housing Units | 230 (15.2%) |
| Median Home Value | $155,242 |
| Average Home Value | $211,906 |
Housing Distribution
Address Breakdown
Residential
1,427
Single Family
1,426
Multi-Family
1
Businesses
139
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Listed by: Julie Green • Century 21 McKeown & Associates, Inc.
Mls Name: CBORMLS
Mls Provider:
Mls ID: #420483
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.