16 N Alexander AveFarmingtonMO63640
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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 Farmington at 16 N Alexander Ave, Farmington, MO, 63640 with 5% annual appreciation on a $149,000 basis while $1,087/mo rent supports operations. Total monthly income totals $1,087/mo and a $729/mo payment preserves $159/mo for cash returns. Annual cash flow comes to $1,912/yr on $49,394 deployed, and return on cash invested reaches 23.78% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 8.75%. Five-year ROI measures 123.69% and total cumulative return in cash totals $61,096.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,087/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Wanda K Sucharski • Coldwell Banker Hulsey
Mls Name: MARIS
Mls ID: #25054141