428 N 21st St,Saint Joseph,MO,64501

Investment Highlights

Investment property for sale in Saint Joseph at 428 N 21st St, Saint Joseph, MO, 64501 offers a 10.31% rental yield on a $219,900 purchase with $1,890/mo rent. Total monthly income registers $1,890/mo, and a $1,076/mo payment leaves $521/mo available for distribution. Annual cash flow reaches $6,250/yr on $72,897 to close, and return on cash invested stands at 28.48% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 148.87% and total cumulative return in cash at $108,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,890/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.