421 Martin AveFarmingtonMO63640
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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 421 Martin Ave, Farmington, MO, 63640 priced at $263,700 converts $2,084/mo rent into $441/mo cash flow after a $1,291/mo obligation. Total monthly income equals $2,084/mo, and annual cash flow totals $5,297/yr on $87,417 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 9.48% against a $263,700 entry. Equity gained on principal adds $1,702/yr, while 5% annual appreciation compiles into $72,855 by year five. Five-year ROI reaches 135.41% and total cumulative return in cash sums $118,371. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,084/mo property income covering a $1,291/mo payment, not borrower’s personal income.
Single Family
Built in 1976
1.95 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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