2308 Hanks Close #173WashingtonMO63090
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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 Washington at 2308 Hanks Close #173, Washington, MO, 63090 generates $2,242/mo in rent and, after a $1,610/mo payment, leaves $193/mo in cash flow. Total monthly income is $2,242/mo, and annual cash flow is $2,320/yr on $109,064 invested. Return on cash invested sits at 22.04% in year one, and rental yield is 8.18% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 114.33% and total cumulative return in cash sums $124,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,242/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63090, Washington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,464 (100%) |
| Owner Occupied HU | 7,270 (69.5%) |
| Renter Occupied HU | 2,443 (23.3%) |
| Vacant Housing Units | 751 ( 7.2%) |
| Median Home Value | $292,728 |
| Average Home Value | $332,116 |
Housing Distribution
Address Breakdown
Residential
10,153
Single Family
9,818
Multi-Family
335
Businesses
1,123
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Listed by: Elisha L Hoerstkamp • RE/MAX Today
Mls Name: MARIS
Mls ID: #25074348