213 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 213 Spring Dr, Bonne Terre, MO, 63628 priced at $139,900 converts $882/mo rent into $10/mo cash flow after a $685/mo obligation. Total monthly income equals $882/mo, and annual cash flow totals $126/yr on $46,377 invested. Return on cash invested prints 20.18% in year one, and rental yield reads 7.57% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 104.41% and total cumulative return in cash sums $48,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $882/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1973
9,016 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: Nicholas W Woods • Coldwell Banker Hulsey
Mls Name: MARIS
Mls Provider:
Mls ID: #24041796
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