3004 McCredie RdKingdom CityMO65262
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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 Kingdom City at 3004 McCredie Rd, Kingdom City, MO, 65262 priced at $105,900 converts $805/mo rent into $146/mo cash flow after a $518/mo obligation. Total monthly income equals $805/mo, and annual cash flow totals $1,750/yr on $35,106 invested. Return on cash invested prints 24.89% in year one, and rental yield reads 9.12% against a $105,900 entry. Equity gained on principal adds $683/yr, while 5% annual appreciation compiles into $29,258 by year five. Five-year ROI reaches 129.64% and total cumulative return in cash sums $45,512. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $805/mo property income covering a $518/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65262, Kingdom City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 282 (73.2%) |
| Renter Occupied HU | 59 (15.3%) |
| Vacant Housing Units | 44 (11.4%) |
| Median Home Value | $269,608 |
| Average Home Value | $267,128 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
65
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Listed by: Carrie Canaday • Wolfe Realty
Mls Name: JCMLS
Mls Provider:
Mls ID: #10069032
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.