283 Cedar LaneRockaway BeachMO65740
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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 Rockaway Beach at 283 Cedar Lane, Rockaway Beach, MO, 65740 offers a 9.73% rental yield on a $150,000 purchase with $1,216/mo rent. Total monthly income registers $1,216/mo, and a $734/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,384/yr on $49,725 to close, and return on cash invested stands at 26.71% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 139.38% and total cumulative return in cash at $69,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,216/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65740, Rockaway Beach, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,778 (100%) |
| Owner Occupied HU | 1,049 (59.0%) |
| Renter Occupied HU | 366 (20.6%) |
| Vacant Housing Units | 363 (20.4%) |
| Median Home Value | $137,076 |
| Average Home Value | $177,412 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,415
Multi-Family
0
Businesses
26
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Listed by: Parker Stone • Keller Williams Tri-Lakes
Mls Name: SOMOMLS
Mls ID: #60311129