220 W Jackson 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
Rental property for sale in Palmyra at 220 W Jackson St, Palmyra, MO, 63461 offers $1,192/mo rent that, after a $914/mo payment, leaves $29/mo cash flow. Total monthly income is $1,192/mo, and annual cash flow is $349/yr on $61,891 cash. Return on cash invested measures 20.47% in year one, and rental yield stands at 7.66% at a $186,700 entry. Equity gained on principal adds $1,205/yr while 5% annual appreciation compounds into $51,582 by year five. Five-year ROI records 106.01% and total cumulative return in cash reaches $65,612. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,192/mo property income versus a $914/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
8,363 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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