21515 S Prospect AveClevelandMO64734
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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
Investment property for sale in Cleveland at 21515 S Prospect Ave, Cleveland, MO, 64734 listed at $1,024,500 pairs $5,351/mo rent with a $5,014/mo payment. Total monthly income runs $5,351/mo. Return on cash invested measures 16.65% in year one, and rental yield registers 6.27% at a $1,024,500 basis. Equity gained on principal adds $6,611/yr, and annual property appreciation at 5% supports $283,050 by year five. Five-year ROI tracks 85.31% and total cumulative return in cash totals $283,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,351/mo property income relative to a $5,014/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64734, Cleveland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 842 (100%) |
| Owner Occupied HU | 688 (81.7%) |
| Renter Occupied HU | 91 (10.8%) |
| Vacant Housing Units | 63 ( 7.5%) |
| Median Home Value | $378,161 |
| Average Home Value | $450,145 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
768
Multi-Family
0
Businesses
53
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