263 E Garnet DriveRepublicMO65738
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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 Republic at 263 E Garnet Drive, Republic, MO, 65738 generates $2,151/mo in rent, after a $1,786/mo payment. Total monthly income is $2,151/mo. Return on cash invested sits at 18.7% in year one, and rental yield is 7.07% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 96.43% and total cumulative return in cash sums $116,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,151/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65738, Republic, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,842 (100%) |
| Owner Occupied HU | 6,261 (70.8%) |
| Renter Occupied HU | 2,250 (25.4%) |
| Vacant Housing Units | 331 ( 3.7%) |
| Median Home Value | $245,553 |
| Average Home Value | $285,375 |
Housing Distribution
Address Breakdown
Residential
8,918
Single Family
8,789
Multi-Family
129
Businesses
540
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