346 S Locust StDexterMO63841
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
Rental property for sale in Dexter at 346 S Locust St, Dexter, MO, 63841 priced at $129,900 converts $988/mo rent into $179/mo cash flow after a $636/mo obligation. Total monthly income equals $988/mo, and annual cash flow totals $2,146/yr on $43,062 invested. Return on cash invested prints 24.89% in year one, and rental yield reads 9.13% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 129.63% and total cumulative return in cash sums $55,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $988/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1907
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63841, Dexter, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,227 (100%) |
| Owner Occupied HU | 3,682 (59.1%) |
| Renter Occupied HU | 1,906 (30.6%) |
| Vacant Housing Units | 639 (10.3%) |
| Median Home Value | $185,218 |
| Average Home Value | $223,396 |
Housing Distribution
Address Breakdown
Residential
5,947
Single Family
5,856
Multi-Family
91
Businesses
601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Hindman • Delta Realty, LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25036074
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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#197)