420 E 6th StMontgomery CityMO63361
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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 Montgomery City at 420 E 6th St, Montgomery City, MO, 63361 offers $1,219/mo rent that, after a $1,762/mo payment. Total monthly income is $1,219/mo. Return on cash invested measures 9.62% in year one, and rental yield stands at 4.06% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 47.73% and total cumulative return in cash reaches $56,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,219/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63361, Montgomery City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,166 (100%) |
| Owner Occupied HU | 1,263 (58.3%) |
| Renter Occupied HU | 513 (23.7%) |
| Vacant Housing Units | 390 (18.0%) |
| Median Home Value | $203,141 |
| Average Home Value | $252,160 |
Housing Distribution
Address Breakdown
Residential
1,971
Single Family
1,948
Multi-Family
23
Businesses
234
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Listed by: Chris Smith • Advantage Real Estate
Mls Name: CBORMLS
Mls Provider:
Mls ID: #423141
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.