201 S Main StNew LondonMO63459
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
Investment Highlights
Investment property for sale in New London at 201 S Main St, New London, MO, 63459 at $220,000 posts ROI 22.04% with $130/mo cash flow from $1,500/mo rent. Total monthly income equals $1,500/mo, and annual cash flow records $1,556/yr on $72,930 to close. Return on cash invested measures 22.04% and rental yield reads 8.18% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 114.34% and total cumulative return in cash totals $83,387.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63459, New London, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,420 (77.8%) |
| Renter Occupied HU | 287 (15.7%) |
| Vacant Housing Units | 119 ( 6.5%) |
| Median Home Value | $172,236 |
| Average Home Value | $222,676 |
Housing Distribution
Address Breakdown
Residential
1,534
Single Family
1,534
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordahn N Leonard • Prestige Realty, Inc
Mls Name: MARIS
Mls ID: #25051257