1514 E Illinois StKirksvilleMO63501
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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 Kirksville at 1514 E Illinois St, Kirksville, MO, 63501 uses $53,007 cash to close to unlock $2,758/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,226/mo, and a $783/mo payment keeps the spread at $230/mo. Purchase price stands at $159,900, and rental yield measures 9.2% with $1,226/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 130.79% and total cumulative return in cash records $69,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,226/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
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Listed by: Adam Snyder • CENTURY 21 Lifetime Realty
Mls Name: Northeast Central AOR
Mls ID: #43539