507 Larkin CtWarrensburgMO64093
Nearby investment properties with comparable rents
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 Warrensburg at 507 Larkin Ct, Warrensburg, MO, 64093 priced at $414,900 converts $2,080/mo rent into after a $2,031/mo obligation. Total monthly income equals $2,080/mo. Return on cash invested prints 15.51% in year one, and rental yield reads 6.02% against a $414,900 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation compiles into $114,629 by year five. Five-year ROI reaches 79.3% and total cumulative return in cash sums $109,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,080/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64093, Warrensburg, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,247 (100%) |
| Owner Occupied HU | 6,138 (50.1%) |
| Renter Occupied HU | 4,733 (38.6%) |
| Vacant Housing Units | 1,376 (11.2%) |
| Median Home Value | $257,724 |
| Average Home Value | $301,736 |
Housing Distribution
Address Breakdown
Residential
11,617
Single Family
11,197
Multi-Family
420
Businesses
1,012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eva Norton • The Next Door Agents, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591469