300 S Vine StreetMount VernonMO65712
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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 Mount Vernon at 300 S Vine Street, Mount Vernon, MO, 65712 uses $62,952 cash to close to unlock $4,402/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $1,549/mo, and a $929/mo payment keeps the spread at $367/mo. Purchase price stands at $189,900, and rental yield measures 9.79% with $1,549/mo rent. Return on cash invested shows 26.9% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 140.38% and total cumulative return in cash records $88,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,549/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1955
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65712, Mount Vernon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,415 (65.9%) |
| Renter Occupied HU | 947 (25.8%) |
| Vacant Housing Units | 302 ( 8.2%) |
| Median Home Value | $229,030 |
| Average Home Value | $274,113 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,387
Multi-Family
95
Businesses
341
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Listed by: Linda B Woolery • ReeceNichols - Mount Vernon
Mls Name: SOMOMLS
Mls ID: #60305295