2380 S Cheri DriveBolivarMO65613
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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 Bolivar at 2380 S Cheri Drive, Bolivar, MO, 65613 uses $88,676 cash to close to unlock $6,280/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,309/mo payment keeps the spread at $523/mo. Purchase price stands at $267,500, and rental yield measures 9.82% with $2,189/mo rent. Return on cash invested shows 26.99% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 140.91% and total cumulative return in cash records $124,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65613, Bolivar, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,881 (100%) |
| Owner Occupied HU | 4,532 (57.5%) |
| Renter Occupied HU | 2,656 (33.7%) |
| Vacant Housing Units | 693 ( 8.8%) |
| Median Home Value | $212,318 |
| Average Home Value | $267,713 |
Housing Distribution
Address Breakdown
Residential
7,606
Single Family
7,597
Multi-Family
9
Businesses
853
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