13117 S Highway 61Old AppletonMO63770
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 Old Appleton at 13117 S Highway 61, Old Appleton, MO, 63770 generates $1,122/mo in rent and, after a $724/mo payment, leaves $201/mo in cash flow. Total monthly income is $1,122/mo, and annual cash flow is $2,408/yr on $49,062 invested. Return on cash invested sits at 24.82% in year one, and rental yield is 9.1% on a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 129.24% and total cumulative return in cash sums $63,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,122/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63770, Old Appleton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 61 (100%) |
| Owner Occupied HU | 52 (85.2%) |
| Renter Occupied HU | 7 (11.5%) |
| Vacant Housing Units | 2 ( 3.3%) |
| Median Home Value | $261,538 |
| Average Home Value | $386,923 |
Housing Distribution
Address Breakdown
Residential
38
Single Family
38
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eli M Brown • RE/MAX Realty Experts
Mls Name: MARIS
Mls ID: #25074949