231 E Main StreetFairviewMO64842
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 Fairview at 231 E Main Street, Fairview, MO, 64842 offers $1,181/mo rent that, after a $660/mo payment, leaves $341/mo cash flow. Total monthly income is $1,181/mo, and annual cash flow is $4,094/yr on $44,719 cash. Return on cash invested measures 29.06% in year one, and rental yield stands at 10.51% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 152.05% and total cumulative return in cash reaches $67,997. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,181/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64842, Fairview, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 356 (100%) |
| Owner Occupied HU | 254 (71.3%) |
| Renter Occupied HU | 55 (15.4%) |
| Vacant Housing Units | 47 (13.2%) |
| Median Home Value | $191,667 |
| Average Home Value | $280,177 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
314
Multi-Family
0
Businesses
8
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