205 Cherry Hills LnFarmingtonMO63640
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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 Farmington at 205 Cherry Hills Ln, Farmington, MO, 63640 offers $1,140/mo rent that, after a $6,118/mo payment. Total monthly income is $1,140/mo. Return on cash invested measures 0.68% in year one, and rental yield stands at 1.09% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Angela K Christopher • The Home Team
Mls Name: MARIS
Mls ID: #25052652