1303 Burnam RdChillicotheMO64601
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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 Chillicothe at 1303 Burnam Rd, Chillicothe, MO, 64601 generates $1,138/mo in rent and, after a $587/mo payment, leaves $391/mo in cash flow. Total monthly income is $1,138/mo, and annual cash flow is $4,692/yr on $39,780 invested. Return on cash invested sits at 31.7% in year one, and rental yield is 11.38% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 166.14% and total cumulative return in cash sums $66,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,138/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64601, Chillicothe, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,216 (100%) |
| Owner Occupied HU | 3,031 (58.1%) |
| Renter Occupied HU | 1,493 (28.6%) |
| Vacant Housing Units | 692 (13.3%) |
| Median Home Value | $182,014 |
| Average Home Value | $236,173 |
Housing Distribution
Address Breakdown
Residential
4,844
Single Family
4,750
Multi-Family
94
Businesses
612
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Listed by: Lori Holder • Century 21 Farm and Home
Mls Name: Northeast Central AOR
Mls ID: #43534