1538 State Highway YForsythMO65653
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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 Forsyth at 1538 State Highway Y, Forsyth, MO, 65653 offers a 5.78% rental yield on a $475,000 purchase with $2,288/mo rent. 8% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 75.5% and total cumulative return in cash at $118,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,288/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65653, Forsyth, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,998 (100%) |
| Owner Occupied HU | 1,892 (63.1%) |
| Renter Occupied HU | 590 (19.7%) |
| Vacant Housing Units | 516 (17.2%) |
| Median Home Value | $195,210 |
| Average Home Value | $223,639 |
Housing Distribution
Address Breakdown
Residential
2,220
Single Family
2,025
Multi-Family
195
Businesses
241
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