1404 Foundry DrCarthageMO64836
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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 1404 Foundry Dr, Carthage, MO, 64836 uses $82,842 cash to close to unlock $7,342/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $2,168/mo, and a $1,223/mo payment keeps the spread at $612/mo. Purchase price stands at $249,900, and rental yield measures 10.41% with $2,168/mo rent. Return on cash invested shows 28.77% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 150.42% and total cumulative return in cash records $124,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,168/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2023
7,840 sqft 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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Listed by: Levi Utter • KELLER WILLIAMS REALTY ELEVATE
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #251761
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.