309 Wiggs StKennettMO63857
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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 Kennett at 309 Wiggs St, Kennett, MO, 63857 priced at $125,000 converts $966/mo rent into $187/mo cash flow after a $612/mo obligation. Total monthly income equals $966/mo, and annual cash flow totals $2,248/yr on $41,438 invested. Return on cash invested prints 25.33% in year one, and rental yield reads 9.27% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 132.1% and total cumulative return in cash sums $54,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $966/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1949
8,407 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Tina Privett • American Elite Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24064379
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