1185 Oval RdClimax SpringsMO65324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Climax Springs at 1185 Oval Rd, Climax Springs, MO, 65324 generates $3,472/mo in rent, after a $3,764/mo payment. Total monthly income is $3,472/mo. Return on cash invested sits at 13.81% in year one, and rental yield is 5.42% on a $769,000 entry. Equity gained on principal adds $4,962/yr, while 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 70.16% and total cumulative return in cash sums $177,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,472/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65324, Climax Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,745 (100%) |
| Owner Occupied HU | 613 (35.1%) |
| Renter Occupied HU | 51 ( 2.9%) |
| Vacant Housing Units | 1,081 (61.9%) |
| Median Home Value | $293,132 |
| Average Home Value | $349,890 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Slavens • ReeceNichols Real Estate
Mls Name: LOBR
Mls Provider:
Mls ID: #3567257
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.