172 Cherryville RdSalemMO65560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Salem at 172 Cherryville Rd, Salem, MO, 65560 offers a 4.76% rental yield on a $265,000 purchase with $1,052/mo rent. 74% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 59.07% and total cumulative return in cash at $51,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,052/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
21.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65560, Salem, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,464 (100%) |
| Owner Occupied HU | 4,086 (63.2%) |
| Renter Occupied HU | 1,483 (22.9%) |
| Vacant Housing Units | 895 (13.8%) |
| Median Home Value | $183,075 |
| Average Home Value | $229,728 |
Housing Distribution
Address Breakdown
Residential
5,884
Single Family
5,863
Multi-Family
21
Businesses
507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices