208 Spring DrBonne TerreMO63628
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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 Bonne Terre at 208 Spring Dr, Bonne Terre, MO, 63628 priced at $120,000 converts $919/mo rent into $172/mo cash flow after a $587/mo obligation. Total monthly income equals $919/mo, and annual cash flow totals $2,064/yr on $39,780 invested. Return on cash invested prints 25.1% in year one, and rental yield reads 9.19% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 130.7% and total cumulative return in cash sums $51,991. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $919/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1973
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63628, Bonne Terre, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,714 (100%) |
| Owner Occupied HU | 4,282 (63.8%) |
| Renter Occupied HU | 1,394 (20.8%) |
| Vacant Housing Units | 1,038 (15.5%) |
| Median Home Value | $195,322 |
| Average Home Value | $254,066 |
Housing Distribution
Address Breakdown
Residential
6,149
Single Family
6,128
Multi-Family
21
Businesses
297
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Listed by: Katie T Viau • Realty Executives Premiere
Mls Name: MARIS
Mls Provider:
Mls ID: #25029727
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