413 E Monroe DrPierce CityMO65723
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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 Pierce City at 413 E Monroe Dr, Pierce City, MO, 65723 offers a 9.33% rental yield on a $269,500 purchase with $2,096/mo rent. Total monthly income registers $2,096/mo, and a $1,319/mo payment leaves $418/mo available for distribution. Annual cash flow reaches $5,012/yr on $89,339 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $1,739/yr while 5% annual appreciation supports $74,458 over five years. Portfolio math shows five-year ROI at 132.98% and total cumulative return in cash at $118,800. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,096/mo property income against a $1,319/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65723, Pierce City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,497 (100%) |
| Owner Occupied HU | 1,049 (70.1%) |
| Renter Occupied HU | 314 (21.0%) |
| Vacant Housing Units | 134 ( 9.0%) |
| Median Home Value | $197,679 |
| Average Home Value | $258,973 |
Housing Distribution
Address Breakdown
Residential
1,471
Single Family
1,471
Multi-Family
0
Businesses
73
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Listed by: Summer George • CHARLES BURT REALTORS
Mls Name: Ozark Gateway AOR
Mls ID: #254409