1198 Madison St #250FredericktownMO63645
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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
Rental property for sale in Fredericktown at 1198 Madison St #250, Fredericktown, MO, 63645 generates $2,400/mo in rent and, after a $1,884/mo payment, leaves $3/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $34/yr on $127,594 invested. Return on cash invested sits at 19.94% in year one, and rental yield is 7.48% on a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 103.03% and total cumulative return in cash sums $131,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63645, Fredericktown, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,466 (100%) |
| Owner Occupied HU | 3,433 (62.8%) |
| Renter Occupied HU | 1,293 (23.7%) |
| Vacant Housing Units | 740 (13.5%) |
| Median Home Value | $172,791 |
| Average Home Value | $221,374 |
Housing Distribution
Address Breakdown
Residential
5,041
Single Family
4,976
Multi-Family
65
Businesses
374
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Listed by: Megan D Shumaker • Weichert Realtors-Freedom Realty MO
Mls Name: MARIS
Mls ID: #25049239