424 N Main StPalmyraMO63461
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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
Investment property for sale in Palmyra at 424 N Main St, Palmyra, MO, 63461 listed at $220,000 pairs $1,680/mo rent with a $1,077/mo payment to leave $310/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $3,716/yr on $72,930 cash to close. Return on cash invested measures 25% in year one, and rental yield registers 9.16% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 130.25% and total cumulative return in cash totals $94,991. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63461, Palmyra, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,622 (100%) |
| Owner Occupied HU | 1,675 (63.9%) |
| Renter Occupied HU | 643 (24.5%) |
| Vacant Housing Units | 304 (11.6%) |
| Median Home Value | $219,098 |
| Average Home Value | $271,575 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,481
Multi-Family
0
Businesses
269
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