319 N 2nd StreetWashburnMO65772
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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 Washburn at 319 N 2nd Street, Washburn, MO, 65772 uses $62,654 cash to close to unlock $4,356/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $925/mo payment keeps the spread at $363/mo. Purchase price stands at $189,000, and rental yield measures 9.78% with $1,540/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 140.16% and total cumulative return in cash records $87,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $925/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65772, Washburn, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 644 (75.9%) |
| Renter Occupied HU | 121 (14.3%) |
| Vacant Housing Units | 83 ( 9.8%) |
| Median Home Value | $226,389 |
| Average Home Value | $354,053 |
Housing Distribution
Address Breakdown
Residential
918
Single Family
918
Multi-Family
0
Businesses
39
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Nearby investment properties with comparable prices
Listed by: Linda Dart • Exit Taylor Real Estate
Mls Name: SOMOMLS
Mls Provider:
Mls ID: #60276445
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