407 Edwards StFestusMO63028
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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 Festus at 407 Edwards St, Festus, MO, 63028 uses $64,643 cash to close to unlock $3,468/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,503/mo, and a $954/mo payment keeps the spread at $289/mo. Purchase price stands at $195,000, and rental yield measures 9.25% with $1,503/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash records $85,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,503/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63028, Festus, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,777 (74.6%) |
| Renter Occupied HU | 2,372 (20.2%) |
| Vacant Housing Units | 618 ( 5.3%) |
| Median Home Value | $261,375 |
| Average Home Value | $298,353 |
Housing Distribution
Address Breakdown
Residential
11,592
Single Family
11,376
Multi-Family
216
Businesses
702
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