312 Lake Shore DrCraigMO64437
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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 Craig at 312 Lake Shore Dr, Craig, MO, 64437 uses $64,643 cash to close to unlock $4,944/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $1,626/mo, and a $954/mo payment keeps the spread at $412/mo. Purchase price stands at $195,000, and rental yield measures 10.01% with $1,626/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 143.9% and total cumulative return in cash records $93,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64437, Craig, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 146 (28.0%) |
| Renter Occupied HU | 47 ( 9.0%) |
| Vacant Housing Units | 329 (63.0%) |
| Median Home Value | $193,750 |
| Average Home Value | $195,188 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
15
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