423 E Center StreetMount VernonMO65712
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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 Mount Vernon at 423 E Center Street, Mount Vernon, MO, 65712 priced at $219,900 converts $994/mo rent into after a $1,076/mo obligation. Total monthly income equals $994/mo. Return on cash invested prints 13.73% in year one, and rental yield reads 5.42% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 69.79% and total cumulative return in cash sums $50,872. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $994/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65712, Mount Vernon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,415 (65.9%) |
| Renter Occupied HU | 947 (25.8%) |
| Vacant Housing Units | 302 ( 8.2%) |
| Median Home Value | $229,030 |
| Average Home Value | $274,113 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,387
Multi-Family
95
Businesses
341
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Listed by: Austin Brady Morton • Sturdy Real Estate
Mls Name: SOMOMLS
Mls ID: #60308790