370 Choctaw RdFordlandMO65652
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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 Fordland at 370 Choctaw Rd, Fordland, MO, 65652 priced at $450,000 pairs $1,343/mo rent with after a $2,203/mo payment. Total monthly income equals $1,343/mo. Return on cash invested is 8.16% in year one, and rental yield stands at 3.58% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 39.9% and total cumulative return in cash reaches $59,526. For financing, Ziffy Mortgage’s DSCR program evaluates $1,343/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1976
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65652, Fordland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,617 (100%) |
| Owner Occupied HU | 1,256 (77.7%) |
| Renter Occupied HU | 241 (14.9%) |
| Vacant Housing Units | 120 ( 7.4%) |
| Median Home Value | $246,137 |
| Average Home Value | $291,385 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,456
Multi-Family
0
Businesses
59
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Listed by: Ronnie McHaffie • United Country VIP Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24029111
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