16641 New Hope DriveElk creekMO65464
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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 Elk creek at 16641 New Hope Drive, Elk creek, MO, 65464 offers a 1.44% rental yield on a $899,900 purchase with $1,081/mo rent. 72% in year one. Equity gained on principal adds $5,807/yr while 5% annual appreciation supports $248,626 over five years. Portfolio math shows five-year ROI at 5.36% and total cumulative return in cash at $15,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,081/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
181.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65464, Elk Creek, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 233 (100%) |
| Owner Occupied HU | 159 (68.2%) |
| Renter Occupied HU | 27 (11.6%) |
| Vacant Housing Units | 47 (20.2%) |
| Median Home Value | $131,105 |
| Average Home Value | $205,440 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
7
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