400 E Main StOdessaMO64076
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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 Odessa at 400 E Main St, Odessa, MO, 64076 priced at $247,900 converts $1,020/mo rent into after a $1,213/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 12.26% in year one, and rental yield reads 4.94% against a $247,900 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation compiles into $68,490 by year five. Five-year ROI reaches 61.93% and total cumulative return in cash sums $50,891. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $1,213/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64076, Odessa, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,872 (100%) |
| Owner Occupied HU | 2,703 (69.8%) |
| Renter Occupied HU | 920 (23.8%) |
| Vacant Housing Units | 249 ( 6.4%) |
| Median Home Value | $250,217 |
| Average Home Value | $272,095 |
Housing Distribution
Address Breakdown
Residential
4,020
Single Family
4,019
Multi-Family
1
Businesses
265
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