2229 Heywood Meadows CpeCape GirardeauMO63701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cape Girardeau at 2229 Heywood Meadows Cpe, Cape Girardeau, MO, 63701 offers a 8.79% rental yield on a $491,500 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $2,406/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,464/yr on $162,932 to close, and return on cash invested stands at 23.88% in year one. Equity gained on principal adds $3,172/yr while 5% annual appreciation supports $135,792 over five years. Portfolio math shows five-year ROI at 124.16% and total cumulative return in cash at $202,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $2,406/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
10,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63701, Cape Girardeau, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,731 (100%) |
| Owner Occupied HU | 9,874 (55.7%) |
| Renter Occupied HU | 6,319 (35.6%) |
| Vacant Housing Units | 1,538 ( 8.7%) |
| Median Home Value | $256,250 |
| Average Home Value | $305,672 |
Housing Distribution
Address Breakdown
Residential
16,356
Single Family
15,573
Multi-Family
783
Businesses
1,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie D Sanders • EDGE Realty ERA Powered
Mls Name: MARIS
Mls ID: #26002199