23231 Righteous Lane 2b 3a #1A-2A-3BWaynesvilleMO65583
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play23231 Righteous Lane 2b 3a #1A-2A-3B, Waynesville, MO, 65583 in Waynesville is priced for appreciation, not yield. Rental yield 1.07%. At $944,900 with a 1.07% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $261,058 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.20) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $33,848.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.1% | 6.2% |
| Monthly Cash Flow | $(5,045) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $840 |
| Total Monthly Debt Service | $5,509 |
| DSCR Ratio | 0.15x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
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
Multi Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor A Shifflett • Walker Real Estate Team
Mls Name: MARIS
Mls ID: #25060049