3450 Myrtle LnFestusMO63028
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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
Investment property for sale in Festus at 3450 Myrtle Ln, Festus, MO, 63028 with 5% annual appreciation on a $125,000 basis while $952/mo rent supports operations. Total monthly income totals $952/mo and a $612/mo payment preserves $173/mo for cash returns. Annual cash flow comes to $2,080/yr on $41,438 deployed, and return on cash invested reaches 24.93% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.14%. Five-year ROI measures 129.87% and total cumulative return in cash totals $53,813.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $952/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1971
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63028, Festus, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,777 (74.6%) |
| Renter Occupied HU | 2,372 (20.2%) |
| Vacant Housing Units | 618 ( 5.3%) |
| Median Home Value | $261,375 |
| Average Home Value | $298,353 |
Housing Distribution
Address Breakdown
Residential
11,592
Single Family
11,376
Multi-Family
216
Businesses
702
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