4509 Cheyenne RdSaint JosephMO64503
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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 Saint Joseph at 4509 Cheyenne Rd, Saint Joseph, MO, 64503 uses $61,294 cash to close to unlock $1,302/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $905/mo payment keeps the spread at $108/mo. Purchase price stands at $184,900, and rental yield measures 8.18% with $1,260/mo rent. Return on cash invested shows 22.03% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 114.33% and total cumulative return in cash records $70,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1962
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64503, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,667 (100%) |
| Owner Occupied HU | 3,257 (57.5%) |
| Renter Occupied HU | 1,651 (29.1%) |
| Vacant Housing Units | 759 (13.4%) |
| Median Home Value | $161,031 |
| Average Home Value | $181,612 |
Housing Distribution
Address Breakdown
Residential
5,509
Single Family
5,236
Multi-Family
273
Businesses
358
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Listed by: Ashley Hines • RE/MAX PROFESSIONALS
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584916