388 Notch Lane #12Reeds SpringMO65737
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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
Investment property for sale in Reeds Spring at 388 Notch Lane #12, Reeds Spring, MO, 65737 offers a 10.95% rental yield on a $185,000 purchase with $1,688/mo rent. Total monthly income registers $1,688/mo, and a $905/mo payment leaves $536/mo available for distribution. Annual cash flow reaches $6,436/yr on $61,328 to close, and return on cash invested stands at 30.4% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 159.22% and total cumulative return in cash at $97,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,688/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65737, Reeds Spring, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,475 (100%) |
| Owner Occupied HU | 3,030 (55.3%) |
| Renter Occupied HU | 708 (12.9%) |
| Vacant Housing Units | 1,737 (31.7%) |
| Median Home Value | $282,963 |
| Average Home Value | $345,101 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
4,198
Multi-Family
0
Businesses
478
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Listed by: Jay Pilgrim • ReeceNichols -Kimberling City
Mls Name: SOMOMLS
Mls ID: #60296307