1412 S Garrison AveCarthageMO64836
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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
Rental property for sale in Carthage at 1412 S Garrison Ave, Carthage, MO, 64836 priced at $234,000 converts $1,694/mo rent into $237/mo cash flow after a $1,145/mo obligation. Total monthly income equals $1,694/mo, and annual cash flow totals $2,844/yr on $77,571 invested. Return on cash invested prints 23.58% in year one, and rental yield reads 8.69% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 122.54% and total cumulative return in cash sums $95,055. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,694/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.35 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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