502 SE 21st StOak GroveMO64075
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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 Oak Grove at 502 SE 21st St, Oak Grove, MO, 64075 uses $79,560 cash to close to unlock $5,292/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $1,936/mo, and a $1,175/mo payment keeps the spread at $441/mo. Purchase price stands at $240,000, and rental yield measures 9.68% with $1,936/mo rent. Return on cash invested shows 26.56% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 138.55% and total cumulative return in cash records $110,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,936/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64075, Oak Grove, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,958 (100%) |
| Owner Occupied HU | 3,457 (69.7%) |
| Renter Occupied HU | 1,283 (25.9%) |
| Vacant Housing Units | 218 ( 4.4%) |
| Median Home Value | $311,448 |
| Average Home Value | $339,228 |
Housing Distribution
Address Breakdown
Residential
4,984
Single Family
4,943
Multi-Family
41
Businesses
254
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