138 Franklin AveGlencoeMO63038
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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 Glencoe at 138 Franklin Ave, Glencoe, MO, 63038 offers a 9.37% rental yield on a $149,900 purchase with $1,170/mo rent. Total monthly income registers $1,170/mo, and a $734/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,834/yr on $49,692 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 133.56% and total cumulative return in cash at $66,371. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63038, Glencoe, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,395 (100%) |
| Owner Occupied HU | 2,228 (93.0%) |
| Renter Occupied HU | 100 ( 4.2%) |
| Vacant Housing Units | 67 ( 2.8%) |
| Median Home Value | $560,881 |
| Average Home Value | $616,372 |
Housing Distribution
Address Breakdown
Residential
2,557
Single Family
2,452
Multi-Family
105
Businesses
87
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Listed by: Jonathan Minerick • HomeCoin.com
Mls Name: MARIS
Mls Provider:
Mls ID: #25030576
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