318 Waterside DrGroverMO63040
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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 Grover at 318 Waterside Dr, Grover, MO, 63040 with 5% annual appreciation on a $235,000 basis while $1,669/mo rent supports operations. 36% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 8.52%. Five-year ROI measures 81.29% and total cumulative return in cash totals $63,328. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,669/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
4,268 sqft lot
$N/A/sqft
$459 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63040, Grover, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,415 (100%) |
| Owner Occupied HU | 2,920 (85.5%) |
| Renter Occupied HU | 383 (11.2%) |
| Vacant Housing Units | 112 ( 3.3%) |
| Median Home Value | $400,131 |
| Average Home Value | $448,372 |
Housing Distribution
Address Breakdown
Residential
3,362
Single Family
2,808
Multi-Family
554
Businesses
306
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Listed by: Elizabeth Whittier • Whittier Realty Group
Mls Name: MARIS
Mls Provider:
Mls ID: #25034268
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