402 N 1st St SOwensvilleMO65066
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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 Owensville at 402 N 1st St S, Owensville, MO, 65066 offers a 6.8% rental yield on a $249,000 purchase with $1,411/mo rent. 87% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 91.95% and total cumulative return in cash at $75,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,411/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1906
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65066, Owensville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,034 (100%) |
| Owner Occupied HU | 1,936 (63.8%) |
| Renter Occupied HU | 591 (19.5%) |
| Vacant Housing Units | 507 (16.7%) |
| Median Home Value | $171,537 |
| Average Home Value | $239,367 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,644
Multi-Family
8
Businesses
267
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Listed by: Diane R Thomas • RE/MAX Exclusive Properties
Mls Name: MARIS
Mls ID: #25077385