406 E Pleasant StMount 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 406 E Pleasant St, Mount Vernon, MO, 65712 offers a 10.29% rental yield on a $129,500 purchase with $1,110/mo rent. Total monthly income registers $1,110/mo, and a $634/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,640/yr on $42,929 to close, and return on cash invested stands at 28.39% in year one. Equity gained on principal adds $836/yr while 5% annual appreciation supports $35,778 over five years. Portfolio math shows five-year ROI at 148.46% and total cumulative return in cash at $63,734. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $634/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,969 sqft 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: N/A • N/A
Mls Name: ReeceNichols Real Estate
Mls Provider:
Mls ID: #60278330