506 Hill AvenueAvaMO65608
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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 Ava at 506 Hill Avenue, Ava, MO, 65608 offers a 6.43% rental yield on a $224,950 purchase with $1,206/mo rent. 77% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,150 over five years. Portfolio math shows five-year ROI at 86.13% and total cumulative return in cash at $64,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,206/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1980
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65608, Ava, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,871 (100%) |
| Owner Occupied HU | 2,633 (68.0%) |
| Renter Occupied HU | 763 (19.7%) |
| Vacant Housing Units | 475 (12.3%) |
| Median Home Value | $172,754 |
| Average Home Value | $217,289 |
Housing Distribution
Address Breakdown
Residential
3,880
Single Family
3,860
Multi-Family
20
Businesses
335
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