361 Hunters SpurGroverMO63040
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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 Grover at 361 Hunters Spur, Grover, MO, 63040 generates $2,840/mo in rent and, after a $1,811/mo payment, leaves $454/mo in cash flow. Total monthly income is $2,840/mo, and annual cash flow is $5,446/yr on $122,655 invested. Return on cash invested sits at 24.35% in year one, and rental yield is 9.21% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 126.98% and total cumulative return in cash sums $155,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
5,227 sqft lot
$N/A/sqft
$497 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63040, Grover, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,415 (100%) |
| Owner Occupied HU | 2,920 (85.5%) |
| Renter Occupied HU | 383 (11.2%) |
| Vacant Housing Units | 112 ( 3.3%) |
| Median Home Value | $400,131 |
| Average Home Value | $448,372 |
Housing Distribution
Address Breakdown
Residential
3,362
Single Family
2,808
Multi-Family
554
Businesses
306
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Listed by: Michael A Zouglas • REO Xpress, LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25020545
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