1418 Lake DrIrontonMO63650
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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 Ironton at 1418 Lake Dr, Ironton, MO, 63650 listed at $305,000 pairs $1,184/mo rent with a $1,493/mo payment. Total monthly income runs $1,184/mo. Return on cash invested measures 11.42% in year one, and rental yield registers 4.66% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 57.37% and total cumulative return in cash totals $58,006. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,184/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63650, Ironton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,895 (100%) |
| Owner Occupied HU | 1,099 (58.0%) |
| Renter Occupied HU | 446 (23.5%) |
| Vacant Housing Units | 350 (18.5%) |
| Median Home Value | $127,760 |
| Average Home Value | $226,481 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,741
Multi-Family
0
Businesses
168
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