301 E 3rd StMontroseMO64770
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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 Montrose at 301 E 3rd St, Montrose, MO, 64770 offers a 9.13% rental yield on a $174,900 purchase with $1,330/mo rent. Total monthly income registers $1,330/mo, and a $856/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,890/yr on $57,979 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 129.65% and total cumulative return in cash at $75,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,330/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64770, Montrose, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 284 (69.3%) |
| Renter Occupied HU | 81 (19.8%) |
| Vacant Housing Units | 45 (11.0%) |
| Median Home Value | $179,762 |
| Average Home Value | $239,146 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
23
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Listed by: Nick L Hosack • Crown Realty of Kansas, Inc.
Mls Name: WCAR MO
Mls Provider:
Mls ID: #100412
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.