420 Wellington PlFarmingtonMO63640
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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 Farmington at 420 Wellington Pl, Farmington, MO, 63640 offers $3,137/mo rent that, after a $3,225/mo payment. Total monthly income is $3,137/mo. Return on cash invested measures 14.71% in year one, and rental yield stands at 5.71% at a $659,000 entry. Equity gained on principal adds $4,252/yr while 5% annual appreciation compounds into $182,070 by year five. Five-year ROI records 74.99% and total cumulative return in cash reaches $162,583. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,137/mo property income versus a $3,225/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: N/A • N/A
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Mls ID: #N/A