240 Aven AvenueSpartaMO65753
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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 Sparta at 240 Aven Avenue, Sparta, MO, 65753 at $242,500 posts ROI 24.99% with $341/mo cash flow from $1,851/mo rent. Total monthly income equals $1,851/mo, and annual cash flow records $4,088/yr on $80,389 to close. Return on cash invested measures 24.99% and rental yield reads 9.16% at the current $242,500. Equity gained on principal adds $1,565/yr, and 5% annual appreciation supports $66,998 by year five. Five-year ROI prints 130.18% and total cumulative return in cash totals $104,647.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,851/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65753, Sparta, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,664 (77.1%) |
| Renter Occupied HU | 358 (16.6%) |
| Vacant Housing Units | 135 ( 6.3%) |
| Median Home Value | $261,888 |
| Average Home Value | $334,432 |
Housing Distribution
Address Breakdown
Residential
1,880
Single Family
1,868
Multi-Family
12
Businesses
64
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