215-217 E Morgan StBoonvilleMO65233
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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 Boonville at 215-217 E Morgan St, Boonville, MO, 65233 generates $3,720/mo in rent and, after a $930/mo payment, leaves $2,537/mo in cash flow. Total monthly income is $3,720/mo, and annual cash flow is $30,440/yr on $62,985 invested. Return on cash invested sits at 68.24% in year one, and rental yield is 23.49% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 362.07% and total cumulative return in cash sums $228,048. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,720/mo property income rather than buyer’s personal income.
Multi Family
Built in 1880
7,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65233, Boonville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,748 (100%) |
| Owner Occupied HU | 3,023 (63.7%) |
| Renter Occupied HU | 1,313 (27.7%) |
| Vacant Housing Units | 412 ( 8.7%) |
| Median Home Value | $206,501 |
| Average Home Value | $228,454 |
Housing Distribution
Address Breakdown
Residential
4,620
Single Family
4,481
Multi-Family
139
Businesses
494
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