1224 N 8th StSaint JosephMO64501
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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 Saint Joseph at 1224 N 8th St, Saint Joseph, MO, 64501 generates $921/mo in rent and, after a $563/mo payment, leaves $205/mo in cash flow. Total monthly income is $921/mo, and annual cash flow is $2,456/yr on $38,123 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 9.61% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 137.49% and total cumulative return in cash sums $52,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $921/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
2,614 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Rachel Rodriguez Perez • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2588210