2413 Redbud CtKirksvilleMO63501
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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 Kirksville at 2413 Redbud Ct, Kirksville, MO, 63501 uses $102,765 cash to close to unlock $3,056/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $2,185/mo, and a $1,517/mo payment keeps the spread at $255/mo. Purchase price stands at $310,000, and rental yield measures 8.46% with $2,185/mo rent. Return on cash invested shows 22.88% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 118.85% and total cumulative return in cash records $122,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,185/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
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Listed by: Mike Labeth • Heritage House Realty, Inc.
Mls Name: Northeast Central AOR
Mls ID: #43153