24308 Tower DrClevelandMO64734
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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
Total monthly income runs $2,558/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 6.82% with $2,558/mo rent. Return on cash invested shows 17.94% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 92.31% and total cumulative return in cash records $137,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,558/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64734, Cleveland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 842 (100%) |
| Owner Occupied HU | 688 (81.7%) |
| Renter Occupied HU | 91 (10.8%) |
| Vacant Housing Units | 63 ( 7.5%) |
| Median Home Value | $378,161 |
| Average Home Value | $450,145 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
768
Multi-Family
0
Businesses
53
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