1202 4th AveSaint JosephMO64505
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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 Saint Joseph at 1202 4th Ave, Saint Joseph, MO, 64505 uses $41,404 cash to close to unlock $4,350/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $611/mo payment keeps the spread at $362/mo. Purchase price stands at $124,900, and rental yield measures 10.95% with $1,140/mo rent. Return on cash invested shows 30.41% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 159.28% and total cumulative return in cash records $65,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1892
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64505, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,771 (100%) |
| Owner Occupied HU | 3,844 (66.6%) |
| Renter Occupied HU | 1,380 (23.9%) |
| Vacant Housing Units | 547 ( 9.5%) |
| Median Home Value | $217,206 |
| Average Home Value | $272,177 |
Housing Distribution
Address Breakdown
Residential
5,637
Single Family
5,625
Multi-Family
12
Businesses
204
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Listed by: Stacey Sharp • BHHS Stein & Summers
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2576026