302 Highland AvenueMonettMO65708
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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
Rental property for sale in Monett at 302 Highland Avenue, Monett, MO, 65708 generates $1,603/mo in rent and, after a $1,052/mo payment, leaves $264/mo in cash flow. Total monthly income is $1,603/mo, and annual cash flow is $3,173/yr on $71,256 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 8.95% on a $214,950 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,387 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash sums $90,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,603/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65708, Monett, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,385 (100%) |
| Owner Occupied HU | 3,248 (60.3%) |
| Renter Occupied HU | 1,663 (30.9%) |
| Vacant Housing Units | 474 ( 8.8%) |
| Median Home Value | $174,818 |
| Average Home Value | $217,014 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,909
Multi-Family
86
Businesses
499
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