409 W Summit StreetAuroraMO65605
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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 Aurora at 409 W Summit Street, Aurora, MO, 65605 priced at $151,875 converts $1,391/mo rent into $446/mo cash flow after a $743/mo obligation. Total monthly income equals $1,391/mo, and annual cash flow totals $5,346/yr on $50,347 invested. Return on cash invested prints 30.53% in year one, and rental yield reads 10.99% against a $151,875 entry. Equity gained on principal adds $980/yr, while 5% annual appreciation compiles into $41,960 by year five. Five-year ROI reaches 159.87% and total cumulative return in cash sums $80,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,391/mo property income covering a $743/mo payment, not borrower’s personal income.
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65605, Aurora, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,557 (100%) |
| Owner Occupied HU | 3,473 (62.5%) |
| Renter Occupied HU | 1,443 (26.0%) |
| Vacant Housing Units | 641 (11.5%) |
| Median Home Value | $161,619 |
| Average Home Value | $188,721 |
Housing Distribution
Address Breakdown
Residential
5,064
Single Family
5,027
Multi-Family
37
Businesses
389
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