1189 Patterson Branch RoadElklandMO65644
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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 Elkland at 1189 Patterson Branch Road, Elkland, MO, 65644 offers a 6.35% rental yield on a $199,900 purchase with $1,057/mo rent. 51% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 84.71% and total cumulative return in cash at $56,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,057/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65644, Elkland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,112 (100%) |
| Owner Occupied HU | 863 (77.6%) |
| Renter Occupied HU | 140 (12.6%) |
| Vacant Housing Units | 109 ( 9.8%) |
| Median Home Value | $271,916 |
| Average Home Value | $267,054 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
16
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