21794 Legacy DrMilanMO63556
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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 Milan at 21794 Legacy Dr, Milan, MO, 63556 generates $2,342/mo in rent and, after a $965/mo payment, leaves $1,114/mo in cash flow. Total monthly income is $2,342/mo, and annual cash flow is $13,368/yr on $65,388 invested. Return on cash invested sits at 40.35% in year one, and rental yield is 14.25% on a $197,250 entry. Equity gained on principal adds $1,273/yr, while 5% annual appreciation builds toward $54,497 over five years. Five-year ROI reaches 212.51% and total cumulative return in cash sums $138,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,342/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63556, Milan, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 896 (55.3%) |
| Renter Occupied HU | 470 (29.0%) |
| Vacant Housing Units | 255 (15.7%) |
| Median Home Value | $120,098 |
| Average Home Value | $170,840 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,409
Multi-Family
17
Businesses
140
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