1201 Grace LnBoonvilleMO65233
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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 Boonville at 1201 Grace Ln, Boonville, MO, 65233 offers $2,626/mo rent that, after a $2,398/mo payment. Total monthly income is $2,626/mo. Return on cash invested measures 16.77% in year one, and rental yield stands at 6.43% at a $489,999 entry. Equity gained on principal adds $3,162/yr while 5% annual appreciation compounds into $135,378 by year five. Five-year ROI records 86.04% and total cumulative return in cash reaches $139,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,626/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65233, Boonville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,748 (100%) |
| Owner Occupied HU | 3,023 (63.7%) |
| Renter Occupied HU | 1,313 (27.7%) |
| Vacant Housing Units | 412 ( 8.7%) |
| Median Home Value | $206,501 |
| Average Home Value | $228,454 |
Housing Distribution
Address Breakdown
Residential
4,620
Single Family
4,481
Multi-Family
139
Businesses
494
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Listed by: Jessie Marie Coggins • Iron Gate Real Estate
Mls Name: Central Missouri BOR
Mls Provider:
Mls ID: #25-67
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.