24237 State Highway 254HermitageMO65668
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
Investment Highlights
Investment property for sale in Hermitage at 24237 State Highway 254, Hermitage, MO, 65668 offers a 9.64% rental yield on a $189,900 purchase with $1,526/mo rent. Total monthly income registers $1,526/mo, and a $929/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,126/yr on $62,952 to close, and return on cash invested stands at 26.46% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 138.04% and total cumulative return in cash at $86,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,526/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65668, Hermitage, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,618 (100%) |
| Owner Occupied HU | 943 (58.3%) |
| Renter Occupied HU | 167 (10.3%) |
| Vacant Housing Units | 508 (31.4%) |
| Median Home Value | $130,429 |
| Average Home Value | $151,540 |
Housing Distribution
Address Breakdown
Residential
786
Single Family
786
Multi-Family
0
Businesses
117
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