2203 Walnut StHigginsvilleMO64037
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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 Higginsville at 2203 Walnut St, Higginsville, MO, 64037 offers a 11.37% rental yield on a $145,000 purchase with $1,374/mo rent. Total monthly income registers $1,374/mo, and a $710/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,648/yr on $48,068 to close, and return on cash invested stands at 31.66% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 165.93% and total cumulative return in cash at $79,760. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,374/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,489 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64037, Higginsville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,585 (59.7%) |
| Renter Occupied HU | 772 (29.1%) |
| Vacant Housing Units | 298 (11.2%) |
| Median Home Value | $182,537 |
| Average Home Value | $223,680 |
Housing Distribution
Address Breakdown
Residential
2,487
Single Family
2,308
Multi-Family
179
Businesses
260
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Listed by: Tiffany Dow • Keller Williams Platinum Prtnr
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592220