124 S 6th StLexingtonMO64067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lexington at 124 S 6th St, Lexington, MO, 64067 uses $65,969 cash to close to unlock $464/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,278/mo, and a $974/mo payment keeps the spread at $39/mo. Purchase price stands at $199,000, and rental yield measures 7.71% with $1,278/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 106.7% and total cumulative return in cash records $70,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,278/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64067, Lexington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,508 (100%) |
| Owner Occupied HU | 1,502 (59.9%) |
| Renter Occupied HU | 725 (28.9%) |
| Vacant Housing Units | 281 (11.2%) |
| Median Home Value | $186,316 |
| Average Home Value | $202,470 |
Housing Distribution
Address Breakdown
Residential
2,343
Single Family
2,228
Multi-Family
115
Businesses
229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices