230 LocustLa RussellMO64848
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
Rental property for sale in La Russell at 230 Locust, La Russell, MO, 64848 priced at $110,000 pairs $835/mo rent with $150/mo cash flow after a $538/mo payment. Total monthly income equals $835/mo, and annual cash flow comes to $1,804/yr on $36,465 invested. Return on cash invested is 24.86% in year one, and rental yield stands at 9.11% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 129.49% and total cumulative return in cash reaches $47,220. For financing, Ziffy Mortgage’s DSCR program evaluates $835/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64848, La Russell, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 243 (100%) |
| Owner Occupied HU | 168 (69.1%) |
| Renter Occupied HU | 34 (14.0%) |
| Vacant Housing Units | 41 (16.9%) |
| Median Home Value | $230,000 |
| Average Home Value | $285,060 |
Housing Distribution
Address Breakdown
Residential
225
Single Family
225
Multi-Family
0
Businesses
6
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Nearby investment properties with comparable prices
Listed by: Forest McKinney • ReeceNichols - Mount Vernon
Mls Name: SOMOMLS
Mls ID: #60300342