304 W South StHarrisonvilleMO64701
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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 Harrisonville at 304 W South St, Harrisonville, MO, 64701 generates $1,374/mo in rent and, after a $896/mo payment, leaves $234/mo in cash flow. Total monthly income is $1,374/mo, and annual cash flow is $2,808/yr on $60,665 invested. Return on cash invested sits at 24.54% in year one, and rental yield is 9.01% on a $183,000 entry. Equity gained on principal adds $1,181/yr, while 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 127.7% and total cumulative return in cash sums $77,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,374/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
5,336 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64701, Harrisonville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,079 (100%) |
| Owner Occupied HU | 4,185 (68.8%) |
| Renter Occupied HU | 1,594 (26.2%) |
| Vacant Housing Units | 300 ( 4.9%) |
| Median Home Value | $335,971 |
| Average Home Value | $371,033 |
Housing Distribution
Address Breakdown
Residential
5,966
Single Family
5,825
Multi-Family
141
Businesses
664
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Listed by: Jason Austin • Keller Williams Southland
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582912