351 S Main StMemphisMO63555
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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 Memphis at 351 S Main St, Memphis, MO, 63555 offers $1,265/mo rent that, after a $636/mo payment, leaves $456/mo cash flow. Total monthly income is $1,265/mo, and annual cash flow is $5,468/yr on $43,095 cash. Return on cash invested measures 32.6% in year one, and rental yield stands at 11.68% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 170.98% and total cumulative return in cash reaches $73,683. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,265/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.66 Acres 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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