1483 Veterans DrDe SotoMO63020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 De Soto at 1483 Veterans Dr, De Soto, MO, 63020 uses $49,692 cash to close to unlock $5,654/yr annual cash flow and $471/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $734/mo payment keeps the spread at $471/mo. Purchase price stands at $149,900, and rental yield measures 11.25% with $1,405/mo rent. Return on cash invested shows 31.29% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 163.99% and total cumulative return in cash records $81,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63020, De Soto, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,007 (100%) |
| Owner Occupied HU | 6,654 (73.9%) |
| Renter Occupied HU | 1,542 (17.1%) |
| Vacant Housing Units | 811 ( 9.0%) |
| Median Home Value | $233,686 |
| Average Home Value | $271,471 |
Housing Distribution
Address Breakdown
Residential
8,437
Single Family
8,391
Multi-Family
46
Businesses
384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices