229 W College StreetAuroraMO65605
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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 Aurora at 229 W College Street, Aurora, MO, 65605 priced at $120,000 converts $1,164/mo rent into $417/mo cash flow after a $587/mo obligation. Total monthly income equals $1,164/mo, and annual cash flow totals $5,004/yr on $39,780 invested. Return on cash invested prints 32.49% in year one, and rental yield reads 11.64% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 170.36% and total cumulative return in cash sums $67,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,164/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65605, Aurora, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,557 (100%) |
| Owner Occupied HU | 3,473 (62.5%) |
| Renter Occupied HU | 1,443 (26.0%) |
| Vacant Housing Units | 641 (11.5%) |
| Median Home Value | $161,619 |
| Average Home Value | $188,721 |
Housing Distribution
Address Breakdown
Residential
5,064
Single Family
5,027
Multi-Family
37
Businesses
389
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