408 E 4th StNew LondonMO63459
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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 New London at 408 E 4th St, New London, MO, 63459 earns $429/mo cash flow from $1,500/mo rent with a $842/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $5,144/yr on $57,018 capital. ROI tracks 28.93% on current figures, and rental yield reads 10.47% at a $172,000 purchase. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 over five years. Five-year ROI reaches 151.28% and total cumulative return in cash sums $86,257. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63459, New London, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,420 (77.8%) |
| Renter Occupied HU | 287 (15.7%) |
| Vacant Housing Units | 119 ( 6.5%) |
| Median Home Value | $172,236 |
| Average Home Value | $222,676 |
Housing Distribution
Address Breakdown
Residential
1,534
Single Family
1,534
Multi-Family
0
Businesses
92
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Listed by: Jordahn N Leonard • Prestige Realty, Inc
Mls Name: MARIS
Mls ID: #25068383