1618 State StLexingtonMO64067
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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 Lexington at 1618 State St, Lexington, MO, 64067 with 5% annual appreciation on a $413,700 basis while $2,972/mo rent supports operations. Total monthly income totals $2,972/mo and a $2,025/mo payment preserves $395/mo for cash returns. Annual cash flow comes to $4,745/yr on $137,142 deployed, and return on cash invested reaches 23.37% in year one. Equity gained on principal adds $2,670/yr, and five-year appreciation sums $114,298 alongside rental yield of 8.62%. Five-year ROI measures 121.46% and total cumulative return in cash totals $166,569.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,972/mo property income versus a $2,025/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1873
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64067, Lexington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,508 (100%) |
| Owner Occupied HU | 1,502 (59.9%) |
| Renter Occupied HU | 725 (28.9%) |
| Vacant Housing Units | 281 (11.2%) |
| Median Home Value | $186,316 |
| Average Home Value | $202,470 |
Housing Distribution
Address Breakdown
Residential
2,343
Single Family
2,228
Multi-Family
115
Businesses
229
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