408 W Illinois StKirksvilleMO63501
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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 Kirksville at 408 W Illinois St, Kirksville, MO, 63501 earns $160/mo cash flow from $1,094/mo rent with a $734/mo payment. Total monthly income totals $1,094/mo, and annual cash flow totals $1,922/yr on $49,692 capital. ROI tracks 23.78% on current figures, and rental yield reads 8.76% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 123.71% and total cumulative return in cash sums $61,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,094/mo property income instead of your personal income.
Single Family
Built in 1900
5,832 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
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Listed by: Michael Chrisman • Heritage House Realty, Inc.
Mls Name: Northeast Central AOR
Mls Provider:
Mls ID: #41530
Disclaimer: Listing information is deemed reliable, but not guaranteed.