223 Steeplechase StLebanonMO65536
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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 Lebanon at 223 Steeplechase St, Lebanon, MO, 65536 priced at $269,900 pairs $1,865/mo rent with $184/mo cash flow after a $1,321/mo payment. Total monthly income equals $1,865/mo, and annual cash flow comes to $2,210/yr on $89,472 invested. Return on cash invested is 22.38% in year one, and rental yield stands at 8.29% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 116.18% and total cumulative return in cash reaches $103,950. For financing, Ziffy Mortgage’s DSCR program evaluates $1,865/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65536, Lebanon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,304 (100%) |
| Owner Occupied HU | 8,187 (61.5%) |
| Renter Occupied HU | 3,856 (29.0%) |
| Vacant Housing Units | 1,261 ( 9.5%) |
| Median Home Value | $195,213 |
| Average Home Value | $242,563 |
Housing Distribution
Address Breakdown
Residential
12,780
Single Family
12,329
Multi-Family
451
Businesses
1,266
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