1324 Olive StCarthageMO64836
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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 Carthage at 1324 Olive St, Carthage, MO, 64836 uses $49,692 cash to close to unlock $9,146/yr annual cash flow and $762/mo monthly cash flow. Total monthly income runs $1,696/mo, and a $734/mo payment keeps the spread at $762/mo. Purchase price stands at $149,900, and rental yield measures 13.58% with $1,696/mo rent. Return on cash invested shows 38.31% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 201.66% and total cumulative return in cash records $100,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,696/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64836, Carthage, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,295 (100%) |
| Owner Occupied HU | 6,434 (62.5%) |
| Renter Occupied HU | 2,957 (28.7%) |
| Vacant Housing Units | 904 ( 8.8%) |
| Median Home Value | $206,836 |
| Average Home Value | $245,087 |
Housing Distribution
Address Breakdown
Residential
9,654
Single Family
9,413
Multi-Family
241
Businesses
776
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