306 E Washington StSmithtonMO65350
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
Rental property for sale in Smithton at 306 E Washington St, Smithton, MO, 65350 priced at $168,000 converts $1,372/mo rent into $326/mo cash flow after a $822/mo obligation. Total monthly income equals $1,372/mo, and annual cash flow totals $3,912/yr on $55,692 invested. Return on cash invested prints 26.93% in year one, and rental yield reads 9.8% against a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation compiles into $46,415 by year five. Five-year ROI reaches 140.54% and total cumulative return in cash sums $78,269. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,372/mo property income covering a $822/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65350, Smithton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 465 (76.5%) |
| Renter Occupied HU | 82 (13.5%) |
| Vacant Housing Units | 61 (10.0%) |
| Median Home Value | $245,779 |
| Average Home Value | $276,984 |
Housing Distribution
Address Breakdown
Residential
585
Single Family
585
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices