302 S Cherry StCameronMO64429
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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 Cameron at 302 S Cherry St, Cameron, MO, 64429 priced at $209,000 converts $1,164/mo rent into after a $1,023/mo obligation. Total monthly income equals $1,164/mo. Return on cash invested prints 17.52% in year one, and rental yield reads 6.68% against a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation compiles into $57,743 by year five. Five-year ROI reaches 90.17% and total cumulative return in cash sums $62,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,164/mo property income covering a $1,023/mo payment, not borrower’s personal income.
Multi Family
Built in 1913
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64429, Cameron, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,378 (100%) |
| Owner Occupied HU | 2,594 (59.3%) |
| Renter Occupied HU | 1,294 (29.6%) |
| Vacant Housing Units | 490 (11.2%) |
| Median Home Value | $200,000 |
| Average Home Value | $249,276 |
Housing Distribution
Address Breakdown
Residential
4,060
Single Family
4,014
Multi-Family
46
Businesses
413
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