404 County Road 309AltonMO65606
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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 Alton at 404 County Road 309, Alton, MO, 65606 offers a 6.52% rental yield on a $519,900 purchase with $2,825/mo rent. 16% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,639 over five years. Portfolio math shows five-year ROI at 88.13% and total cumulative return in cash at $150,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,825/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
11.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65606, Alton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 892 (64.6%) |
| Renter Occupied HU | 294 (21.3%) |
| Vacant Housing Units | 194 (14.1%) |
| Median Home Value | $181,250 |
| Average Home Value | $231,177 |
Housing Distribution
Address Breakdown
Residential
1,472
Single Family
1,472
Multi-Family
0
Businesses
135
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