505 Olive StNew HavenMO63068
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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 New Haven at 505 Olive St, New Haven, MO, 63068 priced at $265,000 converts $1,530/mo rent into after a $1,297/mo obligation. Total monthly income equals $1,530/mo. Return on cash invested prints 18.27% in year one, and rental yield reads 6.93% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 94.09% and total cumulative return in cash sums $82,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,530/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63068, New Haven, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,111 (100%) |
| Owner Occupied HU | 1,507 (71.4%) |
| Renter Occupied HU | 382 (18.1%) |
| Vacant Housing Units | 222 (10.5%) |
| Median Home Value | $258,006 |
| Average Home Value | $324,436 |
Housing Distribution
Address Breakdown
Residential
2,039
Single Family
2,015
Multi-Family
24
Businesses
150
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