216 Lee StFultonMO65251
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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 Fulton at 216 Lee St, Fulton, MO, 65251 offers $1,420/mo rent that, after a $1,027/mo payment, leaves $113/mo cash flow. Total monthly income is $1,420/mo, and annual cash flow is $1,358/yr on $69,582 cash. Return on cash invested measures 21.86% in year one, and rental yield stands at 8.12% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 113.4% and total cumulative return in cash reaches $78,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,420/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65251, Fulton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,858 (100%) |
| Owner Occupied HU | 5,437 (61.4%) |
| Renter Occupied HU | 2,552 (28.8%) |
| Vacant Housing Units | 869 ( 9.8%) |
| Median Home Value | $198,255 |
| Average Home Value | $229,947 |
Housing Distribution
Address Breakdown
Residential
8,518
Single Family
8,437
Multi-Family
81
Businesses
634
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Listed by: Chuck Garriott • Garriott & Associates Realty
Mls Name: JCMLS
Mls Provider:
Mls ID: #10070771
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.