3018 S 24th StSaint JosephMO64503
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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 3018 S 24th St, Saint Joseph, MO, 64503 listed at $245,000 pairs $900/mo rent with a $1,199/mo payment. Total monthly income runs $900/mo. Return on cash invested measures 10.66% in year one, and rental yield registers 4.41% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 53.35% and total cumulative return in cash totals $43,332. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $900/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64503, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,667 (100%) |
| Owner Occupied HU | 3,257 (57.5%) |
| Renter Occupied HU | 1,651 (29.1%) |
| Vacant Housing Units | 759 (13.4%) |
| Median Home Value | $161,031 |
| Average Home Value | $181,612 |
Housing Distribution
Address Breakdown
Residential
5,509
Single Family
5,236
Multi-Family
273
Businesses
358
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Listed by: Barbara RICH • RE/MAX PROFESSIONALS
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594961