302 E 2nd StCraigMO64437
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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 Craig at 302 E 2nd St, Craig, MO, 64437 listed at $150,000 pairs $1,224/mo rent with a $734/mo payment to leave $290/mo cash flow. Total monthly income runs $1,224/mo, and annual cash flow reaches $3,480/yr on $49,725 cash to close. Return on cash invested measures 26.91% in year one, and rental yield registers 9.79% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 140.42% and total cumulative return in cash totals $69,822. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,224/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64437, Craig, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 146 (28.0%) |
| Renter Occupied HU | 47 ( 9.0%) |
| Vacant Housing Units | 329 (63.0%) |
| Median Home Value | $193,750 |
| Average Home Value | $195,188 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
15
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