271 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 271 S Meadowlark Street, Fair Grove, MO, 65648 offers a 9.49% rental yield on a $205,000 purchase with $1,622/mo rent. Total monthly income registers $1,622/mo, and a $1,003/mo payment leaves $346/mo available for distribution. Annual cash flow reaches $4,148/yr on $67,958 to close, and return on cash invested stands at 26.01% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 135.64% and total cumulative return in cash at $92,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,622/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
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: Andy J Trussell • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60306612