308 W MyrtleMonettMO65708
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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 Monett at 308 W Myrtle, Monett, MO, 65708 uses $38,123 cash to close to unlock $1,124/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $810/mo, and a $563/mo payment keeps the spread at $94/mo. Purchase price stands at $115,000, and rental yield measures 8.45% with $810/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 118.73% and total cumulative return in cash records $45,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $810/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65708, Monett, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,385 (100%) |
| Owner Occupied HU | 3,248 (60.3%) |
| Renter Occupied HU | 1,663 (30.9%) |
| Vacant Housing Units | 474 ( 8.8%) |
| Median Home Value | $174,818 |
| Average Home Value | $217,014 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,909
Multi-Family
86
Businesses
499
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