3431 Monterey StSaint JosephMO64507
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 Saint Joseph at 3431 Monterey St, Saint Joseph, MO, 64507 offers a 10% rental yield on a $164,900 purchase with $1,374/mo rent. Total monthly income registers $1,374/mo, and a $807/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,166/yr on $54,664 to close, and return on cash invested stands at 27.53% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 143.84% and total cumulative return in cash at $78,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,374/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64507, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,930 (100%) |
| Owner Occupied HU | 3,561 (60.1%) |
| Renter Occupied HU | 1,703 (28.7%) |
| Vacant Housing Units | 666 (11.2%) |
| Median Home Value | $149,130 |
| Average Home Value | $193,327 |
Housing Distribution
Address Breakdown
Residential
5,674
Single Family
5,339
Multi-Family
335
Businesses
375
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Listed by: Karen Strong • ReeceNichols IDE Capital Realty, LLC
Mls Name: ReeceNichols Real Estate
Mls ID: #2570282