238 Novak LnGeraldMO63037
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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 Gerald at 238 Novak Ln, Gerald, MO, 63037 offers $0/mo rent that, after a $3,891/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.65% in year one, and rental yield stands at 0% at a $795,000 entry. Equity gained on principal adds $5,130/yr while 5% annual appreciation compounds into $219,644 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63037, Gerald, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 1,041 (67.6%) |
| Renter Occupied HU | 261 (16.9%) |
| Vacant Housing Units | 239 (15.5%) |
| Median Home Value | $265,570 |
| Average Home Value | $357,157 |
Housing Distribution
Address Breakdown
Residential
1,368
Single Family
1,368
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Juliet Lahmeyer • HD Real Estate LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25023335
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