1302 Queens CtKirksvilleMO63501
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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 Kirksville at 1302 Queens Ct, Kirksville, MO, 63501 offers a 9.21% rental yield on a $345,000 purchase with $2,648/mo rent. Total monthly income registers $2,648/mo, and a $1,689/mo payment leaves $499/mo available for distribution. Annual cash flow reaches $5,988/yr on $114,368 to close, and return on cash invested stands at 25.14% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 130.97% and total cumulative return in cash at $149,788. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,648/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1979
9,000 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
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Listed by: Erica Supple • Heritage House Realty, Inc.
Mls Name: Northeast Central AOR
Mls ID: #41662