203 S West StConcordiaMO64020
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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
Investment property for sale in Concordia at 203 S West St, Concordia, MO, 64020 uses $58,013 cash to close to unlock $7,772/yr annual cash flow and $648/mo monthly cash flow. Total monthly income runs $1,738/mo, and a $857/mo payment keeps the spread at $648/mo. Purchase price stands at $175,000, and rental yield measures 11.92% with $1,738/mo rent. Return on cash invested shows 33.31% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 174.76% and total cumulative return in cash records $101,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,738/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64020, Concordia, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,657 (100%) |
| Owner Occupied HU | 1,103 (66.6%) |
| Renter Occupied HU | 430 (26.0%) |
| Vacant Housing Units | 124 ( 7.5%) |
| Median Home Value | $207,735 |
| Average Home Value | $233,663 |
Housing Distribution
Address Breakdown
Residential
1,229
Single Family
1,229
Multi-Family
0
Businesses
135
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