302 E 3rd StSalisburyMO65281
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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 Salisbury at 302 E 3rd St, Salisbury, MO, 65281 listed at $172,500 pairs $1,530/mo rent with a $844/mo payment to leave $456/mo cash flow. Total monthly income runs $1,530/mo, and annual cash flow reaches $5,472/yr on $57,184 cash to close. Return on cash invested measures 29.48% in year one, and rental yield registers 10.64% at a $172,500 basis. Equity gained on principal adds $1,113/yr, and annual property appreciation at 5% supports $47,659 by year five. Five-year ROI tracks 154.2% and total cumulative return in cash totals $88,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,530/mo property income relative to a $844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1904
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65281, Salisbury, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 986 (70.8%) |
| Renter Occupied HU | 194 (13.9%) |
| Vacant Housing Units | 212 (15.2%) |
| Median Home Value | $169,403 |
| Average Home Value | $206,833 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
140
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Listed by: Julie Green • Century 21 McKeown & Associates, Inc.
Mls Name: CBORMLS
Mls Provider:
Mls ID: #426337
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.