1604 Luna DriveWest PlainsMO65775
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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
Rental property for sale in West Plains at 1604 Luna Drive, West Plains, MO, 65775 generates $1,475/mo in rent and, after a $1,076/mo payment, leaves $106/mo in cash flow. Total monthly income is $1,475/mo, and annual cash flow is $1,270/yr on $72,897 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 8.05% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 112.24% and total cumulative return in cash sums $81,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,475/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65775, West Plains, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,308 (100%) |
| Owner Occupied HU | 6,765 (59.8%) |
| Renter Occupied HU | 3,412 (30.2%) |
| Vacant Housing Units | 1,131 (10.0%) |
| Median Home Value | $202,710 |
| Average Home Value | $261,102 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
10,612
Multi-Family
260
Businesses
1,326
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Listed by: Solomon Cornelius • Monark Realty
Mls Name: SOMOMLS
Mls ID: #60305296