408 W Cleveland StVersaillesMO65084
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 408 W Cleveland St, Versailles, MO, 65084 in Versailles hard to pass up. The 10.67% gross yield on a $219,000 purchase results in $1,946/mo in rent and $583/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.98). Annual cash flow of $6,990, five-year appreciation of $60,506, and $2,017/yr in equity build-up combine for a projected total cumulative return of $120,526.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $583 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,946 |
| Total Monthly Debt Service | $1,277 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
8,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65084, Versailles, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,364 (100%) |
| Owner Occupied HU | 2,075 (61.7%) |
| Renter Occupied HU | 731 (21.7%) |
| Vacant Housing Units | 558 (16.6%) |
| Median Home Value | $198,355 |
| Average Home Value | $290,663 |
Housing Distribution
Address Breakdown
Residential
3,017
Single Family
3,011
Multi-Family
6
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
8,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65084, Versailles, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,364 (100%) |
| Owner Occupied HU | 2,075 (61.7%) |
| Renter Occupied HU | 731 (21.7%) |
| Vacant Housing Units | 558 (16.6%) |
| Median Home Value | $198,355 |
| Average Home Value | $290,663 |
Housing Distribution
Address Breakdown
Residential
3,017
Single Family
3,011
Multi-Family
6
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evva Cason • Country to Lake Realty
Mls Name: LOBR
Mls Provider:
Mls ID: #3580262
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.