501 N Cherry StOttervilleMO65348
Nearby investment properties with comparable rents
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
Rental property for sale in Otterville at 501 N Cherry St, Otterville, MO, 65348 offers $960/mo rent that, after a $567/mo payment, leaves $238/mo cash flow. Total monthly income is $960/mo, and annual cash flow is $2,862/yr on $38,421 cash. Return on cash invested measures 27.36% in year one, and rental yield stands at 9.94% at a $115,900 entry. Equity gained on principal adds $748/yr while 5% annual appreciation compounds into $32,021 by year five. Five-year ROI records 142.9% and total cumulative return in cash reaches $54,904. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $567/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1883
10,349 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65348, Otterville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 389 (69.8%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 62 (11.1%) |
| Median Home Value | $243,462 |
| Average Home Value | $292,937 |
Housing Distribution
Address Breakdown
Residential
497
Single Family
497
Multi-Family
0
Businesses
24
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Listed by: RYAN D WIEDEMAN • RE/MAX of Sedalia
Mls Name: WCAR MO
Mls ID: #102112