402 Covington StreetWillardMO65781
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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 Willard at 402 Covington Street, Willard, MO, 65781 with 5% annual appreciation on a $219,900 basis while $1,813/mo rent supports operations. Total monthly income totals $1,813/mo and a $1,076/mo payment preserves $444/mo for cash returns. Annual cash flow comes to $5,326/yr on $72,897 deployed, and return on cash invested reaches 27.21% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 9.89%. Five-year ROI measures 142.05% and total cumulative return in cash totals $103,552.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,813/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65781, Willard, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,057 (100%) |
| Owner Occupied HU | 3,050 (75.2%) |
| Renter Occupied HU | 868 (21.4%) |
| Vacant Housing Units | 139 ( 3.4%) |
| Median Home Value | $305,050 |
| Average Home Value | $302,154 |
Housing Distribution
Address Breakdown
Residential
3,732
Single Family
3,692
Multi-Family
40
Businesses
200
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