17895 Boxwood RdNovingerMO63559
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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 Novinger at 17895 Boxwood Rd, Novinger, MO, 63559 generates $1,284/mo in rent, after a $1,370/mo payment. Total monthly income is $1,284/mo. Return on cash invested sits at 13.97% in year one, and rental yield is 5.5% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 71.05% and total cumulative return in cash sums $65,949. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,284/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63559, Novinger, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 448 (67.9%) |
| Renter Occupied HU | 89 (13.5%) |
| Vacant Housing Units | 123 (18.6%) |
| Median Home Value | $173,913 |
| Average Home Value | $225,368 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
526
Multi-Family
16
Businesses
12
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