318 S Washington StFarmingtonMO63640
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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 Farmington at 318 S Washington St, Farmington, MO, 63640 at $164,900 posts ROI 22.39% with $113/mo cash flow from $1,140/mo rent. Total monthly income equals $1,140/mo, and annual cash flow records $1,358/yr on $54,664 to close. Return on cash invested measures 22.39% and rental yield reads 8.3% at the current $164,900. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 by year five. Five-year ROI prints 116.29% and total cumulative return in cash totals $63,568.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Donyel M Burns • Keller Williams Realty Platinum
Mls Name: MARIS
Mls Provider:
Mls ID: #25051560
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