1509 S Vernon StEl Dorado SpringsMO64744
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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 El Dorado Springs at 1509 S Vernon St, El Dorado Springs, MO, 64744 uses $46,377 cash to close to unlock $990/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $954/mo, and a $685/mo payment keeps the spread at $82/mo. Purchase price stands at $139,900, and rental yield measures 8.18% with $954/mo rent. Return on cash invested shows 22.04% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 114.4% and total cumulative return in cash records $53,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64744, El Dorado Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,665 (100%) |
| Owner Occupied HU | 2,296 (62.6%) |
| Renter Occupied HU | 823 (22.5%) |
| Vacant Housing Units | 546 (14.9%) |
| Median Home Value | $176,087 |
| Average Home Value | $254,037 |
Housing Distribution
Address Breakdown
Residential
3,249
Single Family
3,244
Multi-Family
5
Businesses
260
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Listed by: Ryan Hubbard • United Country American Heartl
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591854