348 Main StHerculaneumMO63048
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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 Herculaneum at 348 Main St, Herculaneum, MO, 63048 offers $1,956/mo rent that, after a $1,038/mo payment, leaves $635/mo cash flow. Total monthly income is $1,956/mo, and annual cash flow is $7,624/yr on $70,278 cash. Return on cash invested measures 30.76% in year one, and rental yield stands at 11.07% at a $212,000 entry. Equity gained on principal adds $1,368/yr while 5% annual appreciation compounds into $58,572 by year five. Five-year ROI records 161.11% and total cumulative return in cash reaches $113,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,956/mo property income versus a $1,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63048, Herculaneum, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,698 (100%) |
| Owner Occupied HU | 1,302 (76.7%) |
| Renter Occupied HU | 312 (18.4%) |
| Vacant Housing Units | 84 ( 4.9%) |
| Median Home Value | $245,385 |
| Average Home Value | $273,009 |
Housing Distribution
Address Breakdown
Residential
1,704
Single Family
1,610
Multi-Family
94
Businesses
114
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Listed by: Susan E Wright • Wright Living Real Estate, LLC
Mls Name: MARIS
Mls ID: #25061633