302 Lake DrBeltonMO64012
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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 Belton at 302 Lake Dr, Belton, MO, 64012 uses $71,273 cash to close to unlock $9,364/yr annual cash flow and $780/mo monthly cash flow. Total monthly income runs $2,119/mo, and a $1,052/mo payment keeps the spread at $780/mo. Purchase price stands at $215,000, and rental yield measures 11.83% with $2,119/mo rent. Return on cash invested shows 33.05% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 173.39% and total cumulative return in cash records $123,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,119/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1954
9,017 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64012, Belton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,079 (100%) |
| Owner Occupied HU | 7,955 (60.8%) |
| Renter Occupied HU | 4,204 (32.1%) |
| Vacant Housing Units | 920 ( 7.0%) |
| Median Home Value | $230,676 |
| Average Home Value | $326,491 |
Housing Distribution
Address Breakdown
Residential
12,777
Single Family
11,587
Multi-Family
1,190
Businesses
784
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