202 W Grover StOttervilleMO65348
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
Rental property for sale in Otterville at 202 W Grover St, Otterville, MO, 65348 offers $2,462/mo rent that, after a $1,566/mo payment, leaves $469/mo cash flow. Total monthly income is $2,462/mo, and annual cash flow is $5,632/yr on $106,080 cash. Return on cash invested measures 25.22% in year one, and rental yield stands at 9.23% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 131.38% and total cumulative return in cash reaches $139,371. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,462/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65348, Otterville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 389 (69.8%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 62 (11.1%) |
| Median Home Value | $243,462 |
| Average Home Value | $292,937 |
Housing Distribution
Address Breakdown
Residential
497
Single Family
497
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A