1622 Main 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 1622 Main St, Lexington, MO, 64067 offers a 6.85% rental yield on a $249,000 purchase with $1,422/mo rent. 03% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 92.83% and total cumulative return in cash at $76,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,422/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,672 sqft 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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