316 Ohio StSaint JosephMO64504
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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 Saint Joseph at 316 Ohio St, Saint Joseph, MO, 64504 generates $1,108/mo in rent and, after a $587/mo payment, leaves $361/mo in cash flow. Total monthly income is $1,108/mo, and annual cash flow is $4,334/yr on $39,747 invested. Return on cash invested sits at 30.81% in year one, and rental yield is 11.09% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 161.46% and total cumulative return in cash sums $64,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,108/mo property income rather than buyer’s personal income.
Single Family
Built in 1907
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64504, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,679 (100%) |
| Owner Occupied HU | 2,999 (64.1%) |
| Renter Occupied HU | 1,109 (23.7%) |
| Vacant Housing Units | 571 (12.2%) |
| Median Home Value | $145,305 |
| Average Home Value | $190,535 |
Housing Distribution
Address Breakdown
Residential
4,238
Single Family
4,154
Multi-Family
84
Businesses
274
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Listed by: Agent Jo Pruitt • Agent Jo & Associates
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2564912