210 Hickory StFarmingtonMO63640
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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 210 Hickory St, Farmington, MO, 63640 priced at $130,000 converts $1,214/mo rent into $405/mo cash flow after a $636/mo obligation. Total monthly income equals $1,214/mo, and annual cash flow totals $4,856/yr on $43,095 invested. Return on cash invested prints 31.18% in year one, and rental yield reads 11.21% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 163.32% and total cumulative return in cash sums $70,383. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,214/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1962
7,927 sqft 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: Kevin P Boyer • Real Broker LLC
Mls Name: MARIS
Mls ID: #25076468