337 Grant StNeoshoMO64850
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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
Rental property for sale in Neosho at 337 Grant St, Neosho, MO, 64850 generates $942/mo in rent and, after a $587/mo payment, leaves $195/mo in cash flow. Total monthly income is $942/mo, and annual cash flow is $2,342/yr on $39,747 invested. Return on cash invested sits at 25.8% in year one, and rental yield is 9.43% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash sums $53,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $942/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64850, Neosho, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 6,757 (65.3%) |
| Renter Occupied HU | 2,739 (26.5%) |
| Vacant Housing Units | 857 ( 8.3%) |
| Median Home Value | $181,734 |
| Average Home Value | $221,241 |
Housing Distribution
Address Breakdown
Residential
10,318
Single Family
9,989
Multi-Family
329
Businesses
944
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Listed by: Melynn Rhea • Fathom Realty
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #252242
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.