270 S Meadowlark 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
Investment property for sale in Fair Grove at 270 S Meadowlark Street, Fair Grove, MO, 65648 uses $74,588 cash to close to unlock $5,280/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $1,841/mo, and a $1,101/mo payment keeps the spread at $440/mo. Purchase price stands at $225,000, and rental yield measures 9.82% with $1,841/mo rent. Return on cash invested shows 26.99% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 140.83% and total cumulative return in cash records $105,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,841/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.28 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: Andrea S Rogers • Rogers & Associates Realty, LLC
Mls Name: SOMOMLS
Mls ID: #60310741