2006 E Norma CtExcelsior SpringsMO64024
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 2006 E Norma Ct, Excelsior Springs, MO, 64024 in Excelsior Springs fits: $449,000, 2.53% gross yield, and a projected 5% annual appreciation rate adding $124,050 in value within five years. Rental yield 2.53%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.53) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,135/yr in principal paydown and $124,050 in appreciation project a total return of $189,068.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 6.2% |
| Monthly Cash Flow | $(2,258) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,087 |
| Total Monthly Debt Service | $2,618 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64024, Excelsior Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,970 (100%) |
| Owner Occupied HU | 4,802 (68.9%) |
| Renter Occupied HU | 1,710 (24.5%) |
| Vacant Housing Units | 458 ( 6.6%) |
| Median Home Value | $248,953 |
| Average Home Value | $305,115 |
Housing Distribution
Address Breakdown
Residential
6,531
Single Family
6,013
Multi-Family
518
Businesses
432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1987
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64024, Excelsior Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,970 (100%) |
| Owner Occupied HU | 4,802 (68.9%) |
| Renter Occupied HU | 1,710 (24.5%) |
| Vacant Housing Units | 458 ( 6.6%) |
| Median Home Value | $248,953 |
| Average Home Value | $305,115 |
Housing Distribution
Address Breakdown
Residential
6,531
Single Family
6,013
Multi-Family
518
Businesses
432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hightower Heritage Team • Jason Mitchell Real Estate Mis
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2547617