516 Iris StPiedmontMO63957
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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
Investment property for sale in Piedmont at 516 Iris St, Piedmont, MO, 63957 with 5% annual appreciation on a $155,000 basis while $962/mo rent supports operations. 82% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 7.45%. Five-year ROI measures 102.53% and total cumulative return in cash totals $52,684. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $962/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63957, Piedmont, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,270 (100%) |
| Owner Occupied HU | 1,218 (53.7%) |
| Renter Occupied HU | 487 (21.5%) |
| Vacant Housing Units | 565 (24.9%) |
| Median Home Value | $153,398 |
| Average Home Value | $186,271 |
Housing Distribution
Address Breakdown
Residential
2,363
Single Family
2,363
Multi-Family
0
Businesses
223
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Listed by: Libby Clark • Poplar Bluff Realty Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #24032995
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