27 N Main StreetFair GroveMO65648
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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 Fair Grove at 27 N Main Street, Fair Grove, MO, 65648 priced at $265,000 converts $1,352/mo rent into after a $1,297/mo obligation. Total monthly income equals $1,352/mo. Return on cash invested prints 15.83% in year one, and rental yield reads 6.12% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 81.04% and total cumulative return in cash sums $71,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,352/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65648, Fair Grove, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,386 (100%) |
| Owner Occupied HU | 1,933 (81.0%) |
| Renter Occupied HU | 312 (13.1%) |
| Vacant Housing Units | 141 ( 5.9%) |
| Median Home Value | $296,307 |
| Average Home Value | $362,428 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,324
Multi-Family
0
Businesses
134
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Listed by: Ashley N Hicks • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60312187