16051 Forrest DrHoustonMO65483
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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 Houston at 16051 Forrest Dr, Houston, MO, 65483 generates $2,483/mo in rent, after a $2,883/mo payment. Total monthly income is $2,483/mo. Return on cash invested sits at 12.72% in year one, and rental yield is 5.06% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 64.31% and total cumulative return in cash sums $124,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,483/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65483, Houston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,338 (100%) |
| Owner Occupied HU | 1,337 (57.2%) |
| Renter Occupied HU | 665 (28.4%) |
| Vacant Housing Units | 336 (14.4%) |
| Median Home Value | $143,600 |
| Average Home Value | $188,098 |
Housing Distribution
Address Breakdown
Residential
2,207
Single Family
2,195
Multi-Family
12
Businesses
347
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