212 E 6th StNew LondonMO63459
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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 New London at 212 E 6th St, New London, MO, 63459 generates $869/mo in rent and, after a $538/mo payment, leaves $184/mo in cash flow. Total monthly income is $869/mo, and annual cash flow is $2,212/yr on $36,465 invested. Return on cash invested sits at 25.97% in year one, and rental yield is 9.48% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 135.48% and total cumulative return in cash sums $49,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $869/mo property income rather than buyer’s personal income.
Single Family
Built in 1800
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63459, New London, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,420 (77.8%) |
| Renter Occupied HU | 287 (15.7%) |
| Vacant Housing Units | 119 ( 6.5%) |
| Median Home Value | $172,236 |
| Average Home Value | $222,676 |
Housing Distribution
Address Breakdown
Residential
1,534
Single Family
1,534
Multi-Family
0
Businesses
92
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Listed by: Ariana Galluzzio • Prestige Realty, Inc
Mls Name: MARIS
Mls ID: #25055837