1216 E Alexander StKirksvilleMO63501
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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 Kirksville at 1216 E Alexander St, Kirksville, MO, 63501 uses $34,808 cash to close to unlock $1,716/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $797/mo, and a $514/mo payment keeps the spread at $143/mo. Purchase price stands at $105,000, and rental yield measures 9.11% with $797/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 129.36% and total cumulative return in cash records $45,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $797/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1930
9,288 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
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Listed by: Joseph Behrmann • Heritage House Realty, Inc.
Mls Name: Northeast Central AOR
Mls ID: #43217