505 W Calhoun StChillicotheMO64601
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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 Chillicothe at 505 W Calhoun St, Chillicothe, MO, 64601 offers $1,200/mo rent that, after a $705/mo payment, leaves $303/mo cash flow. Total monthly income is $1,200/mo, and annual cash flow is $3,636/yr on $47,736 cash. Return on cash invested measures 27.53% in year one, and rental yield stands at 10% at a $144,000 entry. Equity gained on principal adds $929/yr while 5% annual appreciation compounds into $39,785 by year five. Five-year ROI records 143.7% and total cumulative return in cash reaches $68,598. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $705/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64601, Chillicothe, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,216 (100%) |
| Owner Occupied HU | 3,031 (58.1%) |
| Renter Occupied HU | 1,493 (28.6%) |
| Vacant Housing Units | 692 (13.3%) |
| Median Home Value | $182,014 |
| Average Home Value | $236,173 |
Housing Distribution
Address Breakdown
Residential
4,844
Single Family
4,750
Multi-Family
94
Businesses
612
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Listed by: Madalyn Howe • Rorebeck Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2581401