305 N Locust StJamesonMO64647
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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 Jameson at 305 N Locust St, Jameson, MO, 64647 priced at $149,900 converts $1,148/mo rent into $214/mo cash flow after a $734/mo obligation. Total monthly income equals $1,148/mo, and annual cash flow totals $2,570/yr on $49,692 invested. Return on cash invested prints 25.08% in year one, and rental yield reads 9.19% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 130.71% and total cumulative return in cash sums $64,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,148/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64647, Jameson, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 175 (100%) |
| Owner Occupied HU | 118 (67.4%) |
| Renter Occupied HU | 30 (17.1%) |
| Vacant Housing Units | 27 (15.4%) |
| Median Home Value | $155,556 |
| Average Home Value | $226,801 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
8
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