123 Holmes DrSikestonMO63801
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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 Sikeston at 123 Holmes Dr, Sikeston, MO, 63801 priced at $245,000 converts $1,410/mo rent into after a $1,199/mo obligation. Total monthly income equals $1,410/mo. Return on cash invested prints 18.2% in year one, and rental yield reads 6.91% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 93.75% and total cumulative return in cash sums $76,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,410/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63801, Sikeston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,580 (100%) |
| Owner Occupied HU | 6,159 (58.2%) |
| Renter Occupied HU | 3,488 (33.0%) |
| Vacant Housing Units | 933 ( 8.8%) |
| Median Home Value | $163,549 |
| Average Home Value | $204,350 |
Housing Distribution
Address Breakdown
Residential
10,036
Single Family
9,728
Multi-Family
308
Businesses
1,229
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