16409 E 289th StHarrisonvilleMO64701
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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
Total monthly income runs $2,274/mo, and a $3,813/mo payment. Purchase price stands at $779,000, and rental yield measures 3.5% with $2,274/mo rent. Return on cash invested shows 7.99% in year one, and 5% annual appreciation builds toward $215,223 over five years. Five-year ROI reaches 38.96% and total cumulative return in cash records $99,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $3,813/mo payment rather than investor’s personal income.
Single Family
Built in 1971
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64701, Harrisonville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,079 (100%) |
| Owner Occupied HU | 4,185 (68.8%) |
| Renter Occupied HU | 1,594 (26.2%) |
| Vacant Housing Units | 300 ( 4.9%) |
| Median Home Value | $335,971 |
| Average Home Value | $371,033 |
Housing Distribution
Address Breakdown
Residential
5,966
Single Family
5,825
Multi-Family
141
Businesses
664
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Listed by: Rhonda Woolsey • Crown Realty
Mls Name: HKMMLS as distributed by MLS GRID
Mls ID: #2564267