2503 Melissa PlWest PlainsMO65775
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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 West Plains at 2503 Melissa Pl, West Plains, MO, 65775 offers $1,730/mo rent that, after a $1,155/mo payment, leaves $260/mo cash flow. Total monthly income is $1,730/mo, and annual cash flow is $3,124/yr on $78,234 cash. Return on cash invested measures 23.9% in year one, and rental yield stands at 8.8% at a $236,000 entry. Equity gained on principal adds $1,523/yr while 5% annual appreciation compounds into $65,202 by year five. Five-year ROI records 124.34% and total cumulative return in cash reaches $97,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,730/mo property income versus a $1,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65775, West Plains, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,308 (100%) |
| Owner Occupied HU | 6,765 (59.8%) |
| Renter Occupied HU | 3,412 (30.2%) |
| Vacant Housing Units | 1,131 (10.0%) |
| Median Home Value | $202,710 |
| Average Home Value | $261,102 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
10,612
Multi-Family
260
Businesses
1,326
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A