216 E Jefferson StPalmyraMO63461
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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 Palmyra at 216 E Jefferson St, Palmyra, MO, 63461 uses $64,643 cash to close to unlock $6,336/yr annual cash flow and $528/mo monthly cash flow. Total monthly income runs $1,742/mo, and a $954/mo payment keeps the spread at $528/mo. Purchase price stands at $195,000, and rental yield measures 10.72% with $1,742/mo rent. Return on cash invested shows 29.71% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 155.43% and total cumulative return in cash records $100,474. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,742/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1999
8,886 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63461, Palmyra, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,622 (100%) |
| Owner Occupied HU | 1,675 (63.9%) |
| Renter Occupied HU | 643 (24.5%) |
| Vacant Housing Units | 304 (11.6%) |
| Median Home Value | $219,098 |
| Average Home Value | $271,575 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,481
Multi-Family
0
Businesses
269
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