508 Summertime DrAshlandMO65010
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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 Ashland at 508 Summertime Dr, Ashland, MO, 65010 priced at $267,500 converts $2,378/mo rent into $712/mo cash flow after a $1,309/mo obligation. Total monthly income equals $2,378/mo, and annual cash flow totals $8,548/yr on $88,676 invested. Return on cash invested prints 29.55% in year one, and rental yield reads 10.67% against a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation compiles into $73,905 by year five. Five-year ROI reaches 154.62% and total cumulative return in cash sums $137,108. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,378/mo property income covering a $1,309/mo payment, not borrower’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65010, Ashland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,396 (77.4%) |
| Renter Occupied HU | 583 (18.8%) |
| Vacant Housing Units | 115 ( 3.7%) |
| Median Home Value | $397,208 |
| Average Home Value | $447,810 |
Housing Distribution
Address Breakdown
Residential
2,878
Single Family
2,866
Multi-Family
12
Businesses
212
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Listed by: Emily Baskett • House of Brokers Realty, Inc.
Mls Name: JCMLS
Mls Provider:
Mls ID: #10070450
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.