3204 Olive StSaint JosephMO64507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3204 Olive St, Saint Joseph, MO, 64507 generates $1,020/mo in rent and, after a $661/mo payment, leaves $179/mo in cash flow. Total monthly income is $1,020/mo, and annual cash flow is $2,148/yr on $44,753 invested. Return on cash invested sits at 24.71% in year one, and rental yield is 9.07% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 128.63% and total cumulative return in cash sums $57,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64507, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,930 (100%) |
| Owner Occupied HU | 3,561 (60.1%) |
| Renter Occupied HU | 1,703 (28.7%) |
| Vacant Housing Units | 666 (11.2%) |
| Median Home Value | $149,130 |
| Average Home Value | $193,327 |
Housing Distribution
Address Breakdown
Residential
5,674
Single Family
5,339
Multi-Family
335
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Agent Jo Pruitt • Agent Jo & Associates
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592925