404 N Alvarado AveBelleMO65013
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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 Belle at 404 N Alvarado Ave, Belle, MO, 65013 uses $33,150 cash to close to unlock $2,156/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $802/mo, and a $489/mo payment keeps the spread at $180/mo. Purchase price stands at $100,000, and rental yield measures 9.62% with $802/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash records $45,676. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $802/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65013, Belle, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,743 (100%) |
| Owner Occupied HU | 1,054 (60.5%) |
| Renter Occupied HU | 383 (22.0%) |
| Vacant Housing Units | 306 (17.6%) |
| Median Home Value | $225,217 |
| Average Home Value | $454,016 |
Housing Distribution
Address Breakdown
Residential
1,015
Single Family
1,000
Multi-Family
15
Businesses
70
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Listed by: Erica Smith • Erica Smith Realty Group LLC
Mls Name: JCMLS
Mls Provider:
Mls ID: #10069018
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.