506 S Griffith AvenueAuroraMO65605
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Nearby investment properties with comparable prices
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 Aurora at 506 S Griffith Avenue, Aurora, MO, 65605 offers $1,458/mo rent that, after a $783/mo payment, leaves $462/mo cash flow. Total monthly income is $1,458/mo, and annual cash flow is $5,542/yr on $53,007 cash. Return on cash invested measures 30.36% in year one, and rental yield stands at 10.94% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 158.98% and total cumulative return in cash reaches $84,270. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,458/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65605, Aurora, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,557 (100%) |
| Owner Occupied HU | 3,473 (62.5%) |
| Renter Occupied HU | 1,443 (26.0%) |
| Vacant Housing Units | 641 (11.5%) |
| Median Home Value | $161,619 |
| Average Home Value | $188,721 |
Housing Distribution
Address Breakdown
Residential
5,064
Single Family
5,027
Multi-Family
37
Businesses
389
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