1330 N Sprigg St APT 7Cape GirardeauMO63701
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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 Cape Girardeau at 1330 N Sprigg St APT 7, Cape Girardeau, MO, 63701 uses $40,609 cash to close to unlock $8,480/yr annual cash flow and $707/mo monthly cash flow. Total monthly income runs $1,555/mo, and a $600/mo payment keeps the spread at $707/mo. Purchase price stands at $122,500, and rental yield measures 15.23% with $1,555/mo rent. Return on cash invested shows 40.79% in year one, and 5% annual appreciation builds toward $33,844 over five years. Five-year ROI reaches 215.81% and total cumulative return in cash records $87,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,555/mo property income covering a $600/mo payment rather than investor’s personal income.
Multi Family
Built in 1974
0.35 Acres lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63701, Cape Girardeau, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,731 (100%) |
| Owner Occupied HU | 9,874 (55.7%) |
| Renter Occupied HU | 6,319 (35.6%) |
| Vacant Housing Units | 1,538 ( 8.7%) |
| Median Home Value | $256,250 |
| Average Home Value | $305,672 |
Housing Distribution
Address Breakdown
Residential
16,356
Single Family
15,573
Multi-Family
783
Businesses
1,015
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