1846 County Highway 524ParmaMO63870
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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
Total monthly income runs $1,165/mo, and a $954/mo payment. Purchase price stands at $195,000, and rental yield measures 7.17% with $1,165/mo rent. Return on cash invested shows 19% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 98.01% and total cumulative return in cash records $63,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,165/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1970
5.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63870, Parma, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 353 (58.2%) |
| Renter Occupied HU | 160 (26.4%) |
| Vacant Housing Units | 94 (15.5%) |
| Median Home Value | $86,346 |
| Average Home Value | $144,674 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
23
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Listed by: Sherry L Burnett • Smith-Payne Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24065164
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