511 Carroll AveSikestonMO63801
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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 Sikeston at 511 Carroll Ave, Sikeston, MO, 63801 generates $948/mo in rent and, after a $587/mo payment, leaves $201/mo in cash flow. Total monthly income is $948/mo, and annual cash flow is $2,414/yr on $39,747 invested. Return on cash invested sits at 25.98% in year one, and rental yield is 9.49% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 135.59% and total cumulative return in cash sums $53,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $948/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63801, Sikeston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,580 (100%) |
| Owner Occupied HU | 6,159 (58.2%) |
| Renter Occupied HU | 3,488 (33.0%) |
| Vacant Housing Units | 933 ( 8.8%) |
| Median Home Value | $163,549 |
| Average Home Value | $204,350 |
Housing Distribution
Address Breakdown
Residential
10,036
Single Family
9,728
Multi-Family
308
Businesses
1,229
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Listed by: Mike R Leible • Century 21 Premiere Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24062608
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