208 Waterside DrGroverMO63040
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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
Investment property for sale in Grover at 208 Waterside Dr, Grover, MO, 63040 offers a 9.45% rental yield on a $235,000 purchase with $1,850/mo rent. 67% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 103.89% and total cumulative return in cash at $80,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,850/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
3,746 sqft lot
$N/A/sqft
$386 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63040, Grover, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,415 (100%) |
| Owner Occupied HU | 2,920 (85.5%) |
| Renter Occupied HU | 383 (11.2%) |
| Vacant Housing Units | 112 ( 3.3%) |
| Median Home Value | $400,131 |
| Average Home Value | $448,372 |
Housing Distribution
Address Breakdown
Residential
3,362
Single Family
2,808
Multi-Family
554
Businesses
306
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Listed by: Joe P McGettigan • Wood Brothers Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25025187
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