421 Lakewood DriveNoelMO64854
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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 Noel at 421 Lakewood Drive, Noel, MO, 64854 generates $3,288/mo in rent and, after a $1,388/mo payment, leaves $1,522/mo in cash flow. Total monthly income is $3,288/mo, and annual cash flow is $18,264/yr on $93,980 invested. Return on cash invested sits at 39.34% in year one, and rental yield is 13.92% on a $283,500 entry. Equity gained on principal adds $1,829/yr, while 5% annual appreciation builds toward $78,326 over five years. Five-year ROI reaches 207.09% and total cumulative return in cash sums $194,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,288/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64854, Noel, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,824 (100%) |
| Owner Occupied HU | 887 (48.6%) |
| Renter Occupied HU | 724 (39.7%) |
| Vacant Housing Units | 213 (11.7%) |
| Median Home Value | $150,931 |
| Average Home Value | $255,719 |
Housing Distribution
Address Breakdown
Residential
1,524
Single Family
1,524
Multi-Family
0
Businesses
79
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