22510 State Highway KNovingerMO63559
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $210,000, 22510 State Highway K, Novinger, MO, 63559 in Novinger generates $1,361/mo in rent (7.78% yield) but nets only $53/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.44) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $58,019. Total projected return: $83,107.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $53 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,361 |
| Total Monthly Debt Service | $1,224 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63559, Novinger, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 448 (67.9%) |
| Renter Occupied HU | 89 (13.5%) |
| Vacant Housing Units | 123 (18.6%) |
| Median Home Value | $173,913 |
| Average Home Value | $225,368 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
526
Multi-Family
16
Businesses
12
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
Manufactured
Built in 2002
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63559, Novinger, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 448 (67.9%) |
| Renter Occupied HU | 89 (13.5%) |
| Vacant Housing Units | 123 (18.6%) |
| Median Home Value | $173,913 |
| Average Home Value | $225,368 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
526
Multi-Family
16
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
