473 W Melody LaneRepublicMO65738
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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 Republic at 473 W Melody Lane, Republic, MO, 65738 priced at $245,000 converts $1,855/mo rent into $329/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,855/mo, and annual cash flow totals $3,952/yr on $81,218 invested. Return on cash invested prints 24.77% in year one, and rental yield reads 9.09% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 129.03% and total cumulative return in cash sums $104,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,855/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 2018
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65738, Republic, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,842 (100%) |
| Owner Occupied HU | 6,261 (70.8%) |
| Renter Occupied HU | 2,250 (25.4%) |
| Vacant Housing Units | 331 ( 3.7%) |
| Median Home Value | $245,553 |
| Average Home Value | $285,375 |
Housing Distribution
Address Breakdown
Residential
8,918
Single Family
8,789
Multi-Family
129
Businesses
540
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