405 W Summit StAuroraMO65605
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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
Rental property for sale in Aurora at 405 W Summit St, Aurora, MO, 65605 priced at $220,800 pairs $1,220/mo rent with after a $1,081/mo payment. Total monthly income equals $1,220/mo. Return on cash invested is 17.36% in year one, and rental yield stands at 6.63% on a $220,800 basis. Equity gained on principal adds $1,425/yr, and 5% annual appreciation accumulates to $61,003 by year five. Five-year ROI measures 89.27% and total cumulative return in cash reaches $65,338. For financing, Ziffy Mortgage’s DSCR program evaluates $1,220/mo property income against a $1,081/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65605, Aurora, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,557 (100%) |
| Owner Occupied HU | 3,473 (62.5%) |
| Renter Occupied HU | 1,443 (26.0%) |
| Vacant Housing Units | 641 (11.5%) |
| Median Home Value | $161,619 |
| Average Home Value | $188,721 |
Housing Distribution
Address Breakdown
Residential
5,064
Single Family
5,027
Multi-Family
37
Businesses
389
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