3904 N 29th St,Saint Joseph,MO,64506

Investment Highlights

Investment property for sale in Saint Joseph at 3904 N 29th St, Saint Joseph, MO, 64506 offers a 7.88% rental yield on a $264,900 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $1,297/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,078/yr on $87,814 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 109.48% and total cumulative return in cash at $96,140. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.