408 Silver Creek RdFarmingtonMO63640
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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 Farmington at 408 Silver Creek Rd, Farmington, MO, 63640 generates $1,500/mo in rent, after a $3,568/mo payment. Total monthly income is $1,500/mo. Return on cash invested sits at 4.73% in year one, and rental yield is 2.47% on a $729,000 entry. Equity gained on principal adds $4,704/yr, while 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 21.47% and total cumulative return in cash sums $51,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
3.10 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Alma B Lorch • Coldwell Banker Hulsey
Mls Name: MARIS
Mls Provider:
Mls ID: #25033377
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