321 Fleeman StSaint JosephMO64504
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 321 Fleeman St, Saint Joseph, MO, 64504 offers $1,140/mo rent that, after a $722/mo payment, leaves $221/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $2,656/yr on $48,896 cash. Return on cash invested measures 25.34% in year one, and rental yield stands at 9.27% at a $147,500 entry. Equity gained on principal adds $952/yr while 5% annual appreciation compounds into $40,752 by year five. Five-year ROI records 132.09% and total cumulative return in cash reaches $64,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $722/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64504, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,679 (100%) |
| Owner Occupied HU | 2,999 (64.1%) |
| Renter Occupied HU | 1,109 (23.7%) |
| Vacant Housing Units | 571 (12.2%) |
| Median Home Value | $145,305 |
| Average Home Value | $190,535 |
Housing Distribution
Address Breakdown
Residential
4,238
Single Family
4,154
Multi-Family
84
Businesses
274
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Listed by: Barbara RICH • RE/MAX PROFESSIONALS
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2581561