18297 Heritage DrFarmingtonMO63640
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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 Farmington at 18297 Heritage Dr, Farmington, MO, 63640 offers a 9.64% rental yield on a $133,000 purchase with $1,068/mo rent. Total monthly income registers $1,068/mo, and a $651/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,676/yr on $44,090 to close, and return on cash invested stands at 25.98% in year one. Equity gained on principal adds $858/yr while 5% annual appreciation supports $36,745 over five years. Portfolio math shows five-year ROI at 135.59% and total cumulative return in cash at $59,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,068/mo property income against a $651/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
1.50 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Nicholas W Woods • Coldwell Banker Hulsey
Mls Name: MARIS
Mls Provider:
Mls ID: #25024013
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