302 Washington StHermannMO65041
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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 Hermann at 302 Washington St, Hermann, MO, 65041 uses $78,566 cash to close to unlock $132/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $1,487/mo, and a $1,160/mo payment keeps the spread at $11/mo. Purchase price stands at $237,000, and rental yield measures 7.53% with $1,487/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $65,479 over five years. Five-year ROI reaches 103.78% and total cumulative return in cash records $81,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,487/mo property income covering a $1,160/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65041, Hermann, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,810 (63.6%) |
| Renter Occupied HU | 429 (15.1%) |
| Vacant Housing Units | 608 (21.4%) |
| Median Home Value | $242,105 |
| Average Home Value | $306,671 |
Housing Distribution
Address Breakdown
Residential
2,532
Single Family
2,516
Multi-Family
16
Businesses
294
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Listed by: Dana E Poe • Trophy Properties & Auction
Mls Name: MARIS
Mls Provider:
Mls ID: #24024796
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