2903 Monterey StSaint JosephMO64507
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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 Saint Joseph at 2903 Monterey St, Saint Joseph, MO, 64507 listed at $144,900 pairs $1,276/mo rent with a $709/mo payment to leave $374/mo cash flow. Total monthly income runs $1,276/mo, and annual cash flow reaches $4,486/yr on $48,034 cash to close. Return on cash invested measures 29.25% in year one, and rental yield registers 10.57% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 152.99% and total cumulative return in cash totals $73,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,276/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64507, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,930 (100%) |
| Owner Occupied HU | 3,561 (60.1%) |
| Renter Occupied HU | 1,703 (28.7%) |
| Vacant Housing Units | 666 (11.2%) |
| Median Home Value | $149,130 |
| Average Home Value | $193,327 |
Housing Distribution
Address Breakdown
Residential
5,674
Single Family
5,339
Multi-Family
335
Businesses
375
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Listed by: SBD Team • SBD Housing Solutions LLC
Mls Name: HKMMLS as distributed by MLS GRID
Mls ID: #2562706