503 E Corrine StGallatinMO64640
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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 Gallatin at 503 E Corrine St, Gallatin, MO, 64640 generates $0/mo in rent, after a $695/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.63% in year one, and rental yield is 0% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64640, Gallatin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,841 (100%) |
| Owner Occupied HU | 999 (54.3%) |
| Renter Occupied HU | 332 (18.0%) |
| Vacant Housing Units | 510 (27.7%) |
| Median Home Value | $192,031 |
| Average Home Value | $261,156 |
Housing Distribution
Address Breakdown
Residential
1,493
Single Family
1,493
Multi-Family
0
Businesses
152
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No similar rental properties found nearby.
Nearby investment properties with comparable prices