48 Rasso Way #66 BLDG 17Kimberling CityMO65686
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Nearby investment properties with comparable prices
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 Kimberling City at 48 Rasso Way #66 BLDG 17, Kimberling City, MO, 65686 offers a 9.07% rental yield on a $106,645 purchase with $806/mo rent. Total monthly income registers $806/mo, and a $522/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,702/yr on $35,353 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $688/yr while 5% annual appreciation supports $29,464 over five years. Portfolio math shows five-year ROI at 128.72% and total cumulative return in cash at $45,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $806/mo property income against a $522/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65686, Kimberling City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,481 (100%) |
| Owner Occupied HU | 1,882 (54.1%) |
| Renter Occupied HU | 335 ( 9.6%) |
| Vacant Housing Units | 1,264 (36.3%) |
| Median Home Value | $309,783 |
| Average Home Value | $402,632 |
Housing Distribution
Address Breakdown
Residential
2,587
Single Family
2,335
Multi-Family
252
Businesses
196
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Listed by: Cole Currier • Currier & Company
Mls Name: SOMOMLS
Mls ID: #60302282