402 S Lorien StConcordiaMO64020
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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 Concordia at 402 S Lorien St, Concordia, MO, 64020 priced at $149,000 converts $0/mo rent into after a $729/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.63% in year one, and rental yield reads 0% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1946
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64020, Concordia, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,657 (100%) |
| Owner Occupied HU | 1,103 (66.6%) |
| Renter Occupied HU | 430 (26.0%) |
| Vacant Housing Units | 124 ( 7.5%) |
| Median Home Value | $207,735 |
| Average Home Value | $233,663 |
Housing Distribution
Address Breakdown
Residential
1,229
Single Family
1,229
Multi-Family
0
Businesses
135
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices