323 W Ross StPalmyraMO63461
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
Investment property for sale in Palmyra at 323 W Ross St, Palmyra, MO, 63461 at $299,000 posts ROI 20.62% with $58/mo cash flow from $1,920/mo rent. Total monthly income equals $1,920/mo, and annual cash flow records $700/yr on $99,119 to close. Return on cash invested measures 20.62% and rental yield reads 7.71% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 106.71% and total cumulative return in cash totals $105,766.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1932
9,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63461, Palmyra, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,622 (100%) |
| Owner Occupied HU | 1,675 (63.9%) |
| Renter Occupied HU | 643 (24.5%) |
| Vacant Housing Units | 304 (11.6%) |
| Median Home Value | $219,098 |
| Average Home Value | $271,575 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,481
Multi-Family
0
Businesses
269
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