509 E Louis St,Saint Joseph,MO,64501

Investment Highlights

Rental property for sale in Saint Joseph at 509 E Louis St, Saint Joseph, MO, 64501 offers $1,115/mo rent that, after a $857/mo payment, leaves $25/mo cash flow. Total monthly income is $1,115/mo, and annual cash flow is $296/yr on $58,013 cash. Return on cash invested measures 20.42% in year one, and rental yield stands at 7.65% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 105.63% and total cumulative return in cash reaches $61,279. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,115/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.