304 Elm StLathropMO64465
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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 Lathrop at 304 Elm St, Lathrop, MO, 64465 generates $1,849/mo in rent and, after a $1,199/mo payment, leaves $323/mo in cash flow. Total monthly income is $1,849/mo, and annual cash flow is $3,880/yr on $81,218 invested. Return on cash invested sits at 24.69% in year one, and rental yield is 9.06% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 128.56% and total cumulative return in cash sums $104,412. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,849/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64465, Lathrop, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,028 (100%) |
| Owner Occupied HU | 1,410 (69.5%) |
| Renter Occupied HU | 392 (19.3%) |
| Vacant Housing Units | 226 (11.1%) |
| Median Home Value | $215,417 |
| Average Home Value | $255,145 |
Housing Distribution
Address Breakdown
Residential
1,774
Single Family
1,774
Multi-Family
0
Businesses
96
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