488 Mimosa Beach Dr #5CClimax SpringsMO65324
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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 Climax Springs at 488 Mimosa Beach Dr #5C, Climax Springs, MO, 65324 at $259,900 posts ROI 15.95% with from $1,655/mo rent. Total monthly income equals $1,655/mo. Return on cash invested measures 15.95% and rental yield reads 7.64% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 83.29% and total cumulative return in cash totals $71,758. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,655/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
N/A lot
$N/A/sqft
$3,850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65324, Climax Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,745 (100%) |
| Owner Occupied HU | 613 (35.1%) |
| Renter Occupied HU | 51 ( 2.9%) |
| Vacant Housing Units | 1,081 (61.9%) |
| Median Home Value | $293,132 |
| Average Home Value | $349,890 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
32
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Listed by: Pamela Chyba • ListWithFreedom.com Inc
Mls Name: LOBR
Mls Provider:
Mls ID: #3576547
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.