121 Old Mill RoadLampeMO65681
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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 Lampe at 121 Old Mill Road, Lampe, MO, 65681 priced at $247,500 converts $1,843/mo rent into $302/mo cash flow after a $1,211/mo obligation. Total monthly income equals $1,843/mo, and annual cash flow totals $3,624/yr on $82,046 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 8.94% against a $247,500 entry. Equity gained on principal adds $1,597/yr, while 5% annual appreciation compiles into $68,380 by year five. Five-year ROI reaches 126.56% and total cumulative return in cash sums $103,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,843/mo property income covering a $1,211/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65681, Lampe, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 785 (49.1%) |
| Renter Occupied HU | 138 ( 8.6%) |
| Vacant Housing Units | 676 (42.3%) |
| Median Home Value | $244,420 |
| Average Home Value | $302,621 |
Housing Distribution
Address Breakdown
Residential
928
Single Family
927
Multi-Family
1
Businesses
57
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