1501 E Commercial StCharlestonMO63834
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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 Charleston at 1501 E Commercial St, Charleston, MO, 63834 uses $53,007 cash to close to unlock $4,414/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $1,364/mo, and a $783/mo payment keeps the spread at $368/mo. Purchase price stands at $159,900, and rental yield measures 10.24% with $1,364/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 147.55% and total cumulative return in cash records $78,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,364/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1948
10,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63834, Charleston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,224 (100%) |
| Owner Occupied HU | 1,224 (55.0%) |
| Renter Occupied HU | 766 (34.4%) |
| Vacant Housing Units | 234 (10.5%) |
| Median Home Value | $110,253 |
| Average Home Value | $128,092 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,121
Multi-Family
0
Businesses
261
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Listed by: LeAnn Adams • Silverthorn Realty, LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #24054843
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