121 Martin AveLickingMO65542
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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 Licking at 121 Martin Ave, Licking, MO, 65542 priced at $100,000 converts $480/mo rent into after a $489/mo obligation. Total monthly income equals $480/mo. Return on cash invested prints 14.76% in year one, and rental yield reads 5.76% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 75.31% and total cumulative return in cash sums $24,964. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $480/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65542, Licking, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,203 (100%) |
| Owner Occupied HU | 1,383 (62.8%) |
| Renter Occupied HU | 492 (22.3%) |
| Vacant Housing Units | 328 (14.9%) |
| Median Home Value | $176,696 |
| Average Home Value | $213,769 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,990
Multi-Family
0
Businesses
123
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