229 E Highway 8SteelvilleMO65565
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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
Total monthly income runs $0/mo, and a $724/mo payment. Purchase price stands at $148,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.63% in year one, and 5% annual appreciation builds toward $40,890 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $724/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65565, Steelville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,502 (100%) |
| Owner Occupied HU | 1,437 (57.4%) |
| Renter Occupied HU | 536 (21.4%) |
| Vacant Housing Units | 529 (21.1%) |
| Median Home Value | $165,271 |
| Average Home Value | $254,713 |
Housing Distribution
Address Breakdown
Residential
1,884
Single Family
1,884
Multi-Family
0
Businesses
188
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No similar rental properties found nearby.
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Listed by: Drennan Bailey • Bailey Properties, Inc.
Mls Name: MARIS
Mls ID: #25049468