189 Cornett DrLake OzarkMO65049
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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 Lake Ozark at 189 Cornett Dr, Lake Ozark, MO, 65049 generates $1,439/mo in rent and, after a $1,077/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,439/mo, and annual cash flow is $824/yr on $72,930 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 7.85% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 108.94% and total cumulative return in cash sums $79,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,439/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65049, Lake Ozark, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,652 (100%) |
| Owner Occupied HU | 2,621 (30.3%) |
| Renter Occupied HU | 769 ( 8.9%) |
| Vacant Housing Units | 5,262 (60.8%) |
| Median Home Value | $397,826 |
| Average Home Value | $465,494 |
Housing Distribution
Address Breakdown
Residential
4,092
Single Family
4,092
Multi-Family
0
Businesses
522
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Listed by: Denise Kostelac • Weichert, Realtors - Laurie Realty
Mls Name: LOBR
Mls ID: #3582809