231 NW 40th RdLamarMO64759
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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
Investment property for sale in Lamar at 231 NW 40th Rd, Lamar, MO, 64759 listed at $249,900 pairs $2,042/mo rent with a $1,223/mo payment to leave $486/mo cash flow. Total monthly income runs $2,042/mo, and annual cash flow reaches $5,830/yr on $82,842 cash to close. Return on cash invested measures 26.95% in year one, and rental yield registers 9.81% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 140.61% and total cumulative return in cash totals $116,486. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,042/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64759, Lamar, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,656 (100%) |
| Owner Occupied HU | 2,255 (61.7%) |
| Renter Occupied HU | 989 (27.1%) |
| Vacant Housing Units | 412 (11.3%) |
| Median Home Value | $166,039 |
| Average Home Value | $215,669 |
Housing Distribution
Address Breakdown
Residential
3,303
Single Family
3,303
Multi-Family
0
Businesses
337
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