245 Davis DrHolts SummitMO65043
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
Rental property for sale in Holts Summit at 245 Davis Dr, Holts Summit, MO, 65043 priced at $334,900 converts $1,897/mo rent into after a $1,639/mo obligation. Total monthly income equals $1,897/mo. Return on cash invested prints 17.87% in year one, and rental yield reads 6.8% against a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation compiles into $92,527 by year five. Five-year ROI reaches 91.97% and total cumulative return in cash sums $102,109. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,897/mo property income covering a $1,639/mo payment, not borrower’s personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65043, Holts Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,186 (72.9%) |
| Renter Occupied HU | 905 (20.7%) |
| Vacant Housing Units | 281 ( 6.4%) |
| Median Home Value | $236,824 |
| Average Home Value | $259,257 |
Housing Distribution
Address Breakdown
Residential
4,264
Single Family
4,264
Multi-Family
0
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Smith • RE/MAX Lifestyles
Mls Name: LOBR
Mls Provider:
Mls ID: #3576986
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.