401 S Main StMilanMO63556
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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 Milan at 401 S Main St, Milan, MO, 63556 listed at $142,000 pairs $792/mo rent with a $695/mo payment. Total monthly income runs $792/mo. Return on cash invested measures 17.56% in year one, and rental yield registers 6.69% at a $142,000 basis. Equity gained on principal adds $916/yr, and annual property appreciation at 5% supports $39,232 by year five. Five-year ROI tracks 90.3% and total cumulative return in cash totals $42,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $792/mo property income relative to a $695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63556, Milan, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 896 (55.3%) |
| Renter Occupied HU | 470 (29.0%) |
| Vacant Housing Units | 255 (15.7%) |
| Median Home Value | $120,098 |
| Average Home Value | $170,840 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,409
Multi-Family
17
Businesses
140
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