509 S State StWheelingMO64688
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 Wheeling at 509 S State St, Wheeling, MO, 64688 offers $1,512/mo rent that, after a $979/mo payment, leaves $266/mo cash flow. Total monthly income is $1,512/mo, and annual cash flow is $3,196/yr on $66,300 cash. Return on cash invested measures 24.73% in year one, and rental yield stands at 9.07% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 128.79% and total cumulative return in cash reaches $85,388. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,512/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64688, Wheeling, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 232 (100%) |
| Owner Occupied HU | 168 (72.4%) |
| Renter Occupied HU | 27 (11.6%) |
| Vacant Housing Units | 37 (15.9%) |
| Median Home Value | $253,333 |
| Average Home Value | $277,753 |
Housing Distribution
Address Breakdown
Residential
199
Single Family
199
Multi-Family
0
Businesses
10
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