405 College StreetMount VernonMO65712
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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 Mount Vernon at 405 College Street, Mount Vernon, MO, 65712 with 5% annual appreciation on a $219,900 basis while $1,099/mo rent supports operations. 46% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 6%. Five-year ROI measures 79.02% and total cumulative return in cash totals $57,604. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,099/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65712, Mount Vernon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,415 (65.9%) |
| Renter Occupied HU | 947 (25.8%) |
| Vacant Housing Units | 302 ( 8.2%) |
| Median Home Value | $229,030 |
| Average Home Value | $274,113 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,387
Multi-Family
95
Businesses
341
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Listed by: Matthew S Maples • Century 21 Family Tree
Mls Name: SOMOMLS
Mls ID: #60312658