3013 Westway DriveWest PlainsMO65775
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Plains at 3013 Westway Drive, West Plains, MO, 65775 uses $82,842 cash to close to unlock $6,406/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $2,090/mo, and a $1,223/mo payment keeps the spread at $534/mo. Purchase price stands at $249,900, and rental yield measures 10.04% with $2,090/mo rent. Return on cash invested shows 27.64% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 144.35% and total cumulative return in cash records $119,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,090/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2022
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65775, West Plains, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,308 (100%) |
| Owner Occupied HU | 6,765 (59.8%) |
| Renter Occupied HU | 3,412 (30.2%) |
| Vacant Housing Units | 1,131 (10.0%) |
| Median Home Value | $202,710 |
| Average Home Value | $261,102 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
10,612
Multi-Family
260
Businesses
1,326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Weeks • 37 North Realty - West Plains
Mls Name: SOMOMLS
Mls ID: #60311568