402 Waters StNew MadridMO63869
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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 New Madrid at 402 Waters St, New Madrid, MO, 63869 at $105,000 posts ROI -2.64% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.64% and rental yield reads 0% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63869, New Madrid, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,750 (100%) |
| Owner Occupied HU | 952 (54.4%) |
| Renter Occupied HU | 585 (33.4%) |
| Vacant Housing Units | 213 (12.2%) |
| Median Home Value | $136,806 |
| Average Home Value | $184,561 |
Housing Distribution
Address Breakdown
Residential
1,498
Single Family
1,498
Multi-Family
0
Businesses
189
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: LeAnn Adams • Silverthorn Realty, LLC
Mls Name: MARIS
Mls ID: #25060784