2820 S 24th StSaint JosephMO64503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saint Joseph at 2820 S 24th St, Saint Joseph, MO, 64503 earns $219/mo cash flow from $998/mo rent with a $612/mo payment. Total monthly income totals $998/mo, and annual cash flow totals $2,632/yr on $41,438 capital. ROI tracks 26.26% on current figures, and rental yield reads 9.58% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 137.05% and total cumulative return in cash sums $56,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $998/mo property income instead of your personal income.
Single Family
Built in 1902
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64503, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,667 (100%) |
| Owner Occupied HU | 3,257 (57.5%) |
| Renter Occupied HU | 1,651 (29.1%) |
| Vacant Housing Units | 759 (13.4%) |
| Median Home Value | $161,031 |
| Average Home Value | $181,612 |
Housing Distribution
Address Breakdown
Residential
5,509
Single Family
5,236
Multi-Family
273
Businesses
358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin RICKERSON • REECENICHOLS-IDE CAPITAL
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2566711