306 S Ashland AvePalmyraMO63461
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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
Investment property for sale in Palmyra at 306 S Ashland Ave, Palmyra, MO, 63461 with 5% annual appreciation on a $320,000 basis while $2,449/mo rent supports operations. Total monthly income totals $2,449/mo and a $1,566/mo payment preserves $456/mo for cash returns. Annual cash flow comes to $5,476/yr on $106,080 deployed, and return on cash invested reaches 25.07% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 9.18%. Five-year ROI measures 130.59% and total cumulative return in cash totals $138,531.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,449/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1938
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63461, Palmyra, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,622 (100%) |
| Owner Occupied HU | 1,675 (63.9%) |
| Renter Occupied HU | 643 (24.5%) |
| Vacant Housing Units | 304 (11.6%) |
| Median Home Value | $219,098 |
| Average Home Value | $271,575 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,481
Multi-Family
0
Businesses
269
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