258 N Park AveCape GirardeauMO63701
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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 Cape Girardeau at 258 N Park Ave, Cape Girardeau, MO, 63701 offers $1,664/mo rent that, after a $1,150/mo payment, leaves $201/mo cash flow. Total monthly income is $1,664/mo, and annual cash flow is $2,410/yr on $77,869 cash. Return on cash invested measures 23% in year one, and rental yield stands at 8.5% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 119.49% and total cumulative return in cash reaches $93,045. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,664/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1925
4,268 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63701, Cape Girardeau, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,731 (100%) |
| Owner Occupied HU | 9,874 (55.7%) |
| Renter Occupied HU | 6,319 (35.6%) |
| Vacant Housing Units | 1,538 ( 8.7%) |
| Median Home Value | $256,250 |
| Average Home Value | $305,672 |
Housing Distribution
Address Breakdown
Residential
16,356
Single Family
15,573
Multi-Family
783
Businesses
1,015
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Listed by: Amanda Huber • EDGE Realty ERA Powered
Mls Name: MARIS
Mls ID: #25082804