319 Illinois AveSikestonMO63801
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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 Sikeston at 319 Illinois Ave, Sikeston, MO, 63801 priced at $134,500 converts $1,253/mo rent into $416/mo cash flow after a $658/mo obligation. Total monthly income equals $1,253/mo, and annual cash flow totals $4,988/yr on $44,587 invested. Return on cash invested prints 31.1% in year one, and rental yield reads 11.18% against a $134,500 entry. Equity gained on principal adds $868/yr, while 5% annual appreciation compiles into $37,160 by year five. Five-year ROI reaches 162.91% and total cumulative return in cash sums $72,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,253/mo property income covering a $658/mo payment, not borrower’s personal income.
Single Family
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63801, Sikeston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,580 (100%) |
| Owner Occupied HU | 6,159 (58.2%) |
| Renter Occupied HU | 3,488 (33.0%) |
| Vacant Housing Units | 933 ( 8.8%) |
| Median Home Value | $163,549 |
| Average Home Value | $204,350 |
Housing Distribution
Address Breakdown
Residential
10,036
Single Family
9,728
Multi-Family
308
Businesses
1,229
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