206 N Russell St APT AOdessaMO64076
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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 Odessa at 206 N Russell St APT A, Odessa, MO, 64076 priced at $110,000 converts $912/mo rent into $227/mo cash flow after a $538/mo obligation. Total monthly income equals $912/mo, and annual cash flow totals $2,728/yr on $36,465 invested. Return on cash invested prints 27.39% in year one, and rental yield reads 9.95% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 143.12% and total cumulative return in cash sums $52,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $912/mo property income covering a $538/mo payment, not borrower’s personal income.
Condo
Built in 1994
2,265 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64076, Odessa, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,872 (100%) |
| Owner Occupied HU | 2,703 (69.8%) |
| Renter Occupied HU | 920 (23.8%) |
| Vacant Housing Units | 249 ( 6.4%) |
| Median Home Value | $250,217 |
| Average Home Value | $272,095 |
Housing Distribution
Address Breakdown
Residential
4,020
Single Family
4,019
Multi-Family
1
Businesses
265
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