305 S East StAlbanyMO64402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Albany at 305 S East St, Albany, MO, 64402 uses $49,692 cash to close to unlock $386/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $966/mo, and a $734/mo payment keeps the spread at $32/mo. Purchase price stands at $149,900, and rental yield measures 7.73% with $966/mo rent. Return on cash invested shows 20.68% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 107.17% and total cumulative return in cash records $53,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $966/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64402, Albany, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,095 (100%) |
| Owner Occupied HU | 707 (64.6%) |
| Renter Occupied HU | 262 (23.9%) |
| Vacant Housing Units | 126 (11.5%) |
| Median Home Value | $126,223 |
| Average Home Value | $162,023 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
1,009
Multi-Family
10
Businesses
134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices