123 E 2nd StDe SotoMO63020
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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 De Soto at 123 E 2nd St, De Soto, MO, 63020 uses $44,753 cash to close to unlock $2,784/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,073/mo, and a $661/mo payment keeps the spread at $232/mo. Purchase price stands at $135,000, and rental yield measures 9.54% with $1,073/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 136.24% and total cumulative return in cash records $60,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,073/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,263 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63020, De Soto, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,007 (100%) |
| Owner Occupied HU | 6,654 (73.9%) |
| Renter Occupied HU | 1,542 (17.1%) |
| Vacant Housing Units | 811 ( 9.0%) |
| Median Home Value | $233,686 |
| Average Home Value | $271,471 |
Housing Distribution
Address Breakdown
Residential
8,437
Single Family
8,391
Multi-Family
46
Businesses
384
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