212 W South StreetMount VernonMO65712
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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
Rental property for sale in Mount Vernon at 212 W South Street, Mount Vernon, MO, 65712 priced at $199,500 pairs $1,487/mo rent with $245/mo cash flow after a $976/mo payment. Total monthly income equals $1,487/mo, and annual cash flow comes to $2,940/yr on $66,134 invested. Return on cash invested is 24.35% in year one, and rental yield stands at 8.94% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 126.72% and total cumulative return in cash reaches $83,803. For financing, Ziffy Mortgage’s DSCR program evaluates $1,487/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65712, Mount Vernon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,415 (65.9%) |
| Renter Occupied HU | 947 (25.8%) |
| Vacant Housing Units | 302 ( 8.2%) |
| Median Home Value | $229,030 |
| Average Home Value | $274,113 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,387
Multi-Family
95
Businesses
341
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Listed by: Kimberly D Rinker • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60309273