13742 Lawrence #1157Mount VernonMO65712
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 Mount Vernon at 13742 Lawrence #1157, Mount Vernon, MO, 65712 generates $1,060/mo in rent, after a $1,908/mo payment. Total monthly income is $1,060/mo. Return on cash invested sits at 7.21% in year one, and rental yield is 3.26% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 34.81% and total cumulative return in cash sums $44,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,060/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
4.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65712, Mount Vernon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,415 (65.9%) |
| Renter Occupied HU | 947 (25.8%) |
| Vacant Housing Units | 302 ( 8.2%) |
| Median Home Value | $229,030 |
| Average Home Value | $274,113 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,387
Multi-Family
95
Businesses
341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lance Phillips • ReeceNichols - Mount Vernon
Mls Name: ReeceNichols Real Estate
Mls ID: #60305718