217 N Alexander StFarmingtonMO63640
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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 Farmington at 217 N Alexander St, Farmington, MO, 63640 earns $267/mo cash flow from $1,195/mo rent with a $729/mo payment. Total monthly income totals $1,195/mo, and annual cash flow totals $3,208/yr on $49,394 capital. ROI tracks 26.4% on current figures, and rental yield reads 9.62% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 137.78% and total cumulative return in cash sums $68,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,195/mo property income instead of your personal income.
Single Family
Built in 1952
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Rhonda Gilliam • R Gilliam Real Estate LLC
Mls Name: MARIS
Mls ID: #25082518