507 N Elson StKirksvilleMO63501
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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 Kirksville at 507 N Elson St, Kirksville, MO, 63501 uses $36,432 cash to close to unlock $2,142/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $863/mo, and a $538/mo payment keeps the spread at $178/mo. Purchase price stands at $109,900, and rental yield measures 9.42% with $863/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 134.47% and total cumulative return in cash records $48,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $863/mo property income covering a $538/mo payment rather than investor’s personal income.
Multi Family
Built in 1910
6,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
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Listed by: Mark Whitney • CENTURY 21 Lifetime Realty
Mls Name: Northeast Central AOR
Mls Provider:
Mls ID: #41623
Disclaimer: Listing information is deemed reliable, but not guaranteed.