








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Elmo at 201 S 2nd St, Elmo, MO, 64445 generates $1,034/mo in rent, after a $1,463/mo payment. Total monthly income is $1,034/mo. Return on cash invested sits at 9.89% in year one, and rental yield is 4.15% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 49.19% and total cumulative return in cash sums $48,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,034/mo property income rather than buyer’s personal income.
Multi Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 64445, Elmo, MO area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 148 (100%) |
| Owner Occupied HU | 87 (58.8%) |
| Renter Occupied HU | 24 (16.2%) |
| Vacant Housing Units | 37 (25.0%) |
| Median Home Value | $166,071 |
| Average Home Value | $232,328 |
Residential
107
Single Family
107
Multi-Family
0
Businesses
6
Date | Event | Price |
|---|---|---|
| 2024-09-11 | Listed for sale | $299,000 |
| 2023-12-07 | Listing removed | $299,000 |
| 2023-10-12 | Listed for sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2792.45 | 22.68% | $30,410 | 7.38% |
| 2022-10-15 | $2276.29 | -1.10% | $28,320 | N/A |
| 2021-10-15 | $2301.62 | N/A | $28,320 | 3.58% |



Listed by: Kelli Hagey • EXP Realty LLC
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2508237
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604