216 Country LaneMount VernonMO65712
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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 Mount Vernon at 216 Country Lane, Mount Vernon, MO, 65712 offers a 8.67% rental yield on a $230,000 purchase with $1,661/mo rent. Total monthly income registers $1,661/mo, and a $1,126/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,740/yr on $76,245 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 122.2% and total cumulative return in cash at $93,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,661/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.29 Acres 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: Janice C Roberts • Sturdy Real Estate
Mls Name: SOMOMLS
Mls ID: #60308765