281 Mervin StSullivanMO63080
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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 Sullivan at 281 Mervin St, Sullivan, MO, 63080 priced at $199,900 converts $1,596/mo rent into $351/mo cash flow after a $978/mo obligation. Total monthly income equals $1,596/mo, and annual cash flow totals $4,218/yr on $66,267 invested. Return on cash invested prints 26.27% in year one, and rental yield reads 9.58% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 137.06% and total cumulative return in cash sums $90,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,596/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63080, Sullivan, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,575 (100%) |
| Owner Occupied HU | 3,848 (58.5%) |
| Renter Occupied HU | 1,866 (28.4%) |
| Vacant Housing Units | 861 (13.1%) |
| Median Home Value | $197,086 |
| Average Home Value | $252,763 |
Housing Distribution
Address Breakdown
Residential
5,962
Single Family
5,941
Multi-Family
21
Businesses
542
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