424 N Spring StPerryvilleMO63775
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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 Perryville at 424 N Spring St, Perryville, MO, 63775 listed at $179,900 pairs $1,124/mo rent with a $881/mo payment to leave $3/mo cash flow. Total monthly income runs $1,124/mo, and annual cash flow reaches $38/yr on $59,637 cash to close. Return on cash invested measures 19.97% in year one, and rental yield registers 7.5% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 103.3% and total cumulative return in cash totals $61,605. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,124/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63775, Perryville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,370 (100%) |
| Owner Occupied HU | 4,931 (66.9%) |
| Renter Occupied HU | 1,634 (22.2%) |
| Vacant Housing Units | 805 (10.9%) |
| Median Home Value | $225,521 |
| Average Home Value | $285,255 |
Housing Distribution
Address Breakdown
Residential
7,174
Single Family
7,130
Multi-Family
44
Businesses
673
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Listed by: Tracey J Hagan • RE/MAX Realty Experts
Mls Name: MARIS
Mls ID: #25080138