14660 Cobblestone DrPlatte CityMO64079
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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 Platte City at 14660 Cobblestone Dr, Platte City, MO, 64079 generates $1,980/mo in rent, after a $1,613/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 19.11% in year one, and rental yield is 7.21% on a $329,500 entry. Equity gained on principal adds $2,126/yr, while 5% annual appreciation builds toward $91,035 over five years. Five-year ROI reaches 98.63% and total cumulative return in cash sums $107,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64079, Platte City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,923 (100%) |
| Owner Occupied HU | 4,279 (72.2%) |
| Renter Occupied HU | 1,388 (23.4%) |
| Vacant Housing Units | 256 ( 4.3%) |
| Median Home Value | $372,475 |
| Average Home Value | $400,408 |
Housing Distribution
Address Breakdown
Residential
5,631
Single Family
5,386
Multi-Family
245
Businesses
393
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Listed by: Gage Reed • Coldwell Banker General Property
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579875