4108 Marlin LnSaint JosephMO64503
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
Investment Highlights
Investment property for sale in Saint Joseph at 4108 Marlin Ln, Saint Joseph, MO, 64503 uses $42,764 cash to close to unlock $1,164/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $900/mo, and a $631/mo payment keeps the spread at $97/mo. Purchase price stands at $129,000, and rental yield measures 8.37% with $900/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 117.47% and total cumulative return in cash records $50,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1922
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64503, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,667 (100%) |
| Owner Occupied HU | 3,257 (57.5%) |
| Renter Occupied HU | 1,651 (29.1%) |
| Vacant Housing Units | 759 (13.4%) |
| Median Home Value | $161,031 |
| Average Home Value | $181,612 |
Housing Distribution
Address Breakdown
Residential
5,509
Single Family
5,236
Multi-Family
273
Businesses
358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Hines • RE/MAX PROFESSIONALS
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594863