2042 Longview RoadMerriam Woods VillageMO65740
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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 Merriam Woods Village at 2042 Longview Road, Merriam Woods Village, MO, 65740 generates $1,278/mo in rent, after a $1,077/mo payment. Total monthly income is $1,278/mo. Return on cash invested sits at 18.39% in year one, and rental yield is 6.97% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 94.77% and total cumulative return in cash sums $69,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,278/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65740, Rockaway Beach, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,778 (100%) |
| Owner Occupied HU | 1,049 (59.0%) |
| Renter Occupied HU | 366 (20.6%) |
| Vacant Housing Units | 363 (20.4%) |
| Median Home Value | $137,076 |
| Average Home Value | $177,412 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,415
Multi-Family
0
Businesses
26
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Listed by: Whyte Steg & Associates • Century 21 Integrity Group Hollister
Mls Name: SOMOMLS
Mls ID: #60305112