1602 Essex DrWarrensburgMO64093
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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 Warrensburg at 1602 Essex Dr, Warrensburg, MO, 64093 uses $112,677 cash to close to unlock $254/yr annual cash flow and $21/mo monthly cash flow. Total monthly income runs $2,155/mo, and a $1,664/mo payment keeps the spread at $21/mo. Purchase price stands at $339,900, and rental yield measures 7.61% with $2,155/mo rent. Return on cash invested shows 20.13% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 104.19% and total cumulative return in cash records $117,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,155/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1989
10,033 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64093, Warrensburg, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,247 (100%) |
| Owner Occupied HU | 6,138 (50.1%) |
| Renter Occupied HU | 4,733 (38.6%) |
| Vacant Housing Units | 1,376 (11.2%) |
| Median Home Value | $257,724 |
| Average Home Value | $301,736 |
Housing Distribution
Address Breakdown
Residential
11,617
Single Family
11,197
Multi-Family
420
Businesses
1,012
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Listed by: Jg Michael Sherman • Platinum Realty Llc
Mls Name: WCAR MO
Mls Provider:
Mls ID: #98248
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.