302 7th StFarmingtonMO63640
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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
Total monthly income runs $1,206/mo, and a $1,052/mo payment. Purchase price stands at $214,900, and rental yield measures 6.73% with $1,206/mo rent. Return on cash invested shows 17.68% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 90.95% and total cumulative return in cash records $64,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,206/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1951
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Wanda K Sucharski • Coldwell Banker Hulsey
Mls Name: MARIS
Mls Provider:
Mls ID: #24059851
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