20 CastlegateClimax SpringsMO65324
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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 Climax Springs at 20 Castlegate, Climax Springs, MO, 65324 offers $4,496/mo rent that, after a $6,240/mo payment. Total monthly income is $4,496/mo. Return on cash invested measures 9.94% in year one, and rental yield stands at 4.23% at a $1,275,000 entry. Equity gained on principal adds $8,227/yr while 5% annual appreciation compounds into $352,259 by year five. Five-year ROI records 49.51% and total cumulative return in cash reaches $204,506. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,496/mo property income versus a $6,240/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
$1,750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65324, Climax Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,745 (100%) |
| Owner Occupied HU | 613 (35.1%) |
| Renter Occupied HU | 51 ( 2.9%) |
| Vacant Housing Units | 1,081 (61.9%) |
| Median Home Value | $293,132 |
| Average Home Value | $349,890 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
32
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Listed by: Sheri Rieke • Keller Williams L O Realty/West
Mls Name: LOBR
Mls Provider:
Mls ID: #3572169
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.