402 W Main StShelbyvilleMO63469
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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 Shelbyville at 402 W Main St, Shelbyville, MO, 63469 priced at $265,000 converts $2,185/mo rent into $535/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,185/mo, and annual cash flow totals $6,416/yr on $87,848 invested. Return on cash invested prints 27.21% in year one, and rental yield reads 9.89% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 142.07% and total cumulative return in cash sums $124,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,185/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63469, Shelbyville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 317 (59.4%) |
| Renter Occupied HU | 120 (22.5%) |
| Vacant Housing Units | 97 (18.2%) |
| Median Home Value | $123,214 |
| Average Home Value | $169,030 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
56
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