511 W Main StEast PrairieMO63845
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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 East Prairie at 511 W Main St, East Prairie, MO, 63845 priced at $190,000 converts $1,586/mo rent into $403/mo cash flow after a $930/mo obligation. Total monthly income equals $1,586/mo, and annual cash flow totals $4,832/yr on $62,985 invested. Return on cash invested prints 27.58% in year one, and rental yield reads 10.02% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 144.05% and total cumulative return in cash sums $90,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,586/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63845, East Prairie, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,396 (100%) |
| Owner Occupied HU | 1,428 (59.6%) |
| Renter Occupied HU | 730 (30.5%) |
| Vacant Housing Units | 238 ( 9.9%) |
| Median Home Value | $108,333 |
| Average Home Value | $147,773 |
Housing Distribution
Address Breakdown
Residential
2,331
Single Family
2,296
Multi-Family
35
Businesses
171
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Listed by: Erica Mathis • Chuck Davis Realty
Mls Name: SEMOMLS
Mls ID: #16173