41 Magnolia DriveElklandMO65644
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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 Elkland at 41 Magnolia Drive, Elkland, MO, 65644 uses $111,053 cash to close to unlock $7,432/yr annual cash flow and $619/mo monthly cash flow. Total monthly income runs $2,706/mo, and a $1,640/mo payment keeps the spread at $619/mo. Purchase price stands at $335,000, and rental yield measures 9.69% with $2,706/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 138.81% and total cumulative return in cash records $154,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,706/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65644, Elkland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,112 (100%) |
| Owner Occupied HU | 863 (77.6%) |
| Renter Occupied HU | 140 (12.6%) |
| Vacant Housing Units | 109 ( 9.8%) |
| Median Home Value | $271,916 |
| Average Home Value | $267,054 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
16
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