208 Melrose StNew HavenMO63068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Haven at 208 Melrose St, New Haven, MO, 63068 at $244,700 posts ROI 26.33% with $434/mo cash flow from $1,958/mo rent. Total monthly income equals $1,958/mo, and annual cash flow records $5,205/yr on $81,118 to close. Return on cash invested measures 26.33% and rental yield reads 9.6% at the current $244,700. Equity gained on principal adds $1,579/yr, and 5% annual appreciation supports $67,606 by year five. Five-year ROI prints 137.31% and total cumulative return in cash totals $111,386.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,958/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63068, New Haven, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,111 (100%) |
| Owner Occupied HU | 1,507 (71.4%) |
| Renter Occupied HU | 382 (18.1%) |
| Vacant Housing Units | 222 (10.5%) |
| Median Home Value | $258,006 |
| Average Home Value | $324,436 |
Housing Distribution
Address Breakdown
Residential
2,039
Single Family
2,015
Multi-Family
24
Businesses
150
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Listed by: Sherri L Small • Berkshire Hathaway Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #24044807
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