1662 E Farm Road 28Fair GroveMO65648
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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 Fair Grove at 1662 E Farm Road 28, Fair Grove, MO, 65648 generates $1,318/mo in rent and, after a $759/mo payment, leaves $352/mo in cash flow. Total monthly income is $1,318/mo, and annual cash flow is $4,228/yr on $51,383 invested. Return on cash invested sits at 28.14% in year one, and rental yield is 10.2% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 147.07% and total cumulative return in cash sums $75,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,318/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65648, Fair Grove, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,386 (100%) |
| Owner Occupied HU | 1,933 (81.0%) |
| Renter Occupied HU | 312 (13.1%) |
| Vacant Housing Units | 141 ( 5.9%) |
| Median Home Value | $296,307 |
| Average Home Value | $362,428 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,324
Multi-Family
0
Businesses
134
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Listed by: Steven W. Chilson • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60313898