508 E Franklin StClintonMO64735
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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 Clinton at 508 E Franklin St, Clinton, MO, 64735 offers $1,637/mo rent that, after a $1,312/mo payment. Total monthly income is $1,637/mo. Return on cash invested measures 19.47% in year one, and rental yield stands at 7.33% at a $268,000 entry. Equity gained on principal adds $1,729/yr while 5% annual appreciation compounds into $74,043 by year five. Five-year ROI records 100.56% and total cumulative return in cash reaches $89,337. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,637/mo property income versus a $1,312/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64735, Clinton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,749 (100%) |
| Owner Occupied HU | 4,074 (60.4%) |
| Renter Occupied HU | 1,855 (27.5%) |
| Vacant Housing Units | 820 (12.1%) |
| Median Home Value | $184,035 |
| Average Home Value | $241,864 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,134
Multi-Family
166
Businesses
678
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Listed by: Kat Laxague • Exp Realty Llc
Mls Name: WCAR MO
Mls Provider:
Mls ID: #98195
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.