338 S Main StMemphisMO63555
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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 Memphis at 338 S Main St, Memphis, MO, 63555 generates $1,038/mo in rent and, after a $729/mo payment, leaves $110/mo in cash flow. Total monthly income is $1,038/mo, and annual cash flow is $1,324/yr on $49,394 invested. Return on cash invested sits at 22.59% in year one, and rental yield is 8.36% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 117.33% and total cumulative return in cash sums $57,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63555, Memphis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,643 (100%) |
| Owner Occupied HU | 1,005 (61.2%) |
| Renter Occupied HU | 352 (21.4%) |
| Vacant Housing Units | 286 (17.4%) |
| Median Home Value | $145,158 |
| Average Home Value | $289,348 |
Housing Distribution
Address Breakdown
Residential
1,342
Single Family
1,341
Multi-Family
1
Businesses
175
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