2030 Forest DrCarthageMO64836
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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
Rental property for sale in Carthage at 2030 Forest Dr, Carthage, MO, 64836 generates $1,505/mo in rent and, after a $685/mo payment, leaves $633/mo in cash flow. Total monthly income is $1,505/mo, and annual cash flow is $7,600/yr on $46,410 invested. Return on cash invested sits at 36.28% in year one, and rental yield is 12.9% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 190.79% and total cumulative return in cash sums $88,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,505/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64836, Carthage, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,295 (100%) |
| Owner Occupied HU | 6,434 (62.5%) |
| Renter Occupied HU | 2,957 (28.7%) |
| Vacant Housing Units | 904 ( 8.8%) |
| Median Home Value | $206,836 |
| Average Home Value | $245,087 |
Housing Distribution
Address Breakdown
Residential
9,654
Single Family
9,413
Multi-Family
241
Businesses
776
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