321 Shark CircleSpartaMO65753
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 Sparta at 321 Shark Circle, Sparta, MO, 65753 offers $1,567/mo rent that, after a $1,126/mo payment, leaves $134/mo cash flow. Total monthly income is $1,567/mo, and annual cash flow is $1,612/yr on $76,245 cash. Return on cash invested measures 22.02% in year one, and rental yield stands at 8.18% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 114.27% and total cumulative return in cash reaches $87,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,567/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65753, Sparta, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,664 (77.1%) |
| Renter Occupied HU | 358 (16.6%) |
| Vacant Housing Units | 135 ( 6.3%) |
| Median Home Value | $261,888 |
| Average Home Value | $334,432 |
Housing Distribution
Address Breakdown
Residential
1,880
Single Family
1,868
Multi-Family
12
Businesses
64
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