246 Third & Elm StreetGainesvilleMO65655
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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
Rental property for sale in Gainesville at 246 Third & Elm Street, Gainesville, MO, 65655 offers $0/mo rent that, after a $925/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.63% in year one, and rental yield stands at 0% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Rocky Sullivan • Sierra Ozark Corporation
Mls Name: SOMOMLS
Mls ID: #60299154