1706 N 3rd StSaint JosephMO64505
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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 Saint Joseph at 1706 N 3rd St, Saint Joseph, MO, 64505 uses $41,437 cash to close to unlock $4,336/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $612/mo payment keeps the spread at $361/mo. Purchase price stands at $124,999, and rental yield measures 10.94% with $1,140/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 159.09% and total cumulative return in cash records $65,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1957
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64505, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,771 (100%) |
| Owner Occupied HU | 3,844 (66.6%) |
| Renter Occupied HU | 1,380 (23.9%) |
| Vacant Housing Units | 547 ( 9.5%) |
| Median Home Value | $217,206 |
| Average Home Value | $272,177 |
Housing Distribution
Address Breakdown
Residential
5,637
Single Family
5,625
Multi-Family
12
Businesses
204
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Listed by: Priscilla Sutton Ashford • Keller Williams KC North
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2586876