391 State Road HElklandMO65644
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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 Elkland at 391 State Road H, Elkland, MO, 65644 priced at $560,000 converts $2,788/mo rent into after a $2,741/mo obligation. Total monthly income equals $2,788/mo. Return on cash invested prints 15.5% in year one, and rental yield reads 5.97% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 79.25% and total cumulative return in cash sums $146,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,788/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Single Family
Built in 2006
5.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65644, Elkland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,112 (100%) |
| Owner Occupied HU | 863 (77.6%) |
| Renter Occupied HU | 140 (12.6%) |
| Vacant Housing Units | 109 ( 9.8%) |
| Median Home Value | $271,916 |
| Average Home Value | $267,054 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
16
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