498 Highway MSteelvilleMO65565
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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 Steelville at 498 Highway M, Steelville, MO, 65565 priced at $942,500 converts $1,996/mo rent into after a $4,613/mo obligation. Total monthly income equals $1,996/mo. Return on cash invested prints 5.07% in year one, and rental yield reads 2.54% against a $942,500 entry. Equity gained on principal adds $6,082/yr, while 5% annual appreciation compiles into $260,395 by year five. Five-year ROI reaches 23.29% and total cumulative return in cash sums $72,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,996/mo property income covering a $4,613/mo payment, not borrower’s personal income.
Single Family
Built in 1995
7.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65565, Steelville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,502 (100%) |
| Owner Occupied HU | 1,437 (57.4%) |
| Renter Occupied HU | 536 (21.4%) |
| Vacant Housing Units | 529 (21.1%) |
| Median Home Value | $165,271 |
| Average Home Value | $254,713 |
Housing Distribution
Address Breakdown
Residential
1,884
Single Family
1,884
Multi-Family
0
Businesses
188
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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