388 Notch Ln APT 11Reeds 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 Ln APT 11, Reeds Spring, MO, 65737 offers a 8.68% rental yield on a $199,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $974/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,408/yr on $65,969 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 122.49% and total cumulative return in cash at $80,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $974/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: Kelly Worley • EXP Realty, LLC.
Mls Name: eXp Realty
Mls ID: #60300246