232 Massott RdFestusMO63028
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 Festus at 232 Massott Rd, Festus, MO, 63028 priced at $244,900 converts $2,207/mo rent into $681/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,207/mo, and annual cash flow totals $8,178/yr on $81,184 invested. Return on cash invested prints 29.98% in year one, and rental yield reads 10.81% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 156.94% and total cumulative return in cash sums $127,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,207/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Manufactured
Built in 1971
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63028, Festus, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,777 (74.6%) |
| Renter Occupied HU | 2,372 (20.2%) |
| Vacant Housing Units | 618 ( 5.3%) |
| Median Home Value | $261,375 |
| Average Home Value | $298,353 |
Housing Distribution
Address Breakdown
Residential
11,592
Single Family
11,376
Multi-Family
216
Businesses
702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices