1229 Michele Dr,Excelsior Springs,MO,64024

Investment Highlights

Investment property for sale in Excelsior Springs at 1229 Michele Dr, Excelsior Springs, MO, 64024 listed at $215,000 pairs $2,010/mo rent with a $1,052/mo payment to leave $671/mo cash flow. Total monthly income runs $2,010/mo, and annual cash flow reaches $8,056/yr on $71,273 cash to close. Return on cash invested measures 31.21% in year one, and rental yield registers 11.22% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 163.55% and total cumulative return in cash totals $116,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,010/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).