511 N 3rd StWellsvilleMO63384
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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 Wellsville at 511 N 3rd St, Wellsville, MO, 63384 generates $1,448/mo in rent, after a $1,221/mo payment. Total monthly income is $1,448/mo. Return on cash invested sits at 18.38% in year one, and rental yield is 6.96% on a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 94.71% and total cumulative return in cash sums $78,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,448/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63384, Wellsville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 793 (100%) |
| Owner Occupied HU | 499 (62.9%) |
| Renter Occupied HU | 150 (18.9%) |
| Vacant Housing Units | 144 (18.2%) |
| Median Home Value | $152,744 |
| Average Home Value | $280,897 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
55
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Listed by: Marty Canterbury • NETTWORK GLOBAL LLC
Mls Name: NY State MLS
Mls ID: #11587404