403 E Marvin AveFredericktownMO63645
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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 Fredericktown at 403 E Marvin Ave, Fredericktown, MO, 63645 offers a 9.13% rental yield on a $119,000 purchase with $905/mo rent. Total monthly income registers $905/mo, and a $582/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,972/yr on $39,449 to close, and return on cash invested stands at 24.91% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 129.78% and total cumulative return in cash at $51,197. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $905/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63645, Fredericktown, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,466 (100%) |
| Owner Occupied HU | 3,433 (62.8%) |
| Renter Occupied HU | 1,293 (23.7%) |
| Vacant Housing Units | 740 (13.5%) |
| Median Home Value | $172,791 |
| Average Home Value | $221,374 |
Housing Distribution
Address Breakdown
Residential
5,041
Single Family
4,976
Multi-Family
65
Businesses
374
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Listed by: Tara M Pruett • Midwest Real Estate
Mls Name: MARIS
Mls ID: #26004259