1301 S Riggen StKirksvilleMO63501
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
Rental property for sale in Kirksville at 1301 S Riggen St, Kirksville, MO, 63501 priced at $119,900 converts $956/mo rent into $209/mo cash flow after a $587/mo obligation. Total monthly income equals $956/mo, and annual cash flow totals $2,510/yr on $39,747 invested. Return on cash invested prints 26.22% in year one, and rental yield reads 9.57% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 136.86% and total cumulative return in cash sums $54,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $956/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1930
7,992 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zane Starks • CENTURY 21 Lifetime Realty
Mls Name: Northeast Central AOR
Mls Provider:
Mls ID: #41818
Disclaimer: Listing information is deemed reliable, but not guaranteed.