516 S 31st St,Saint Joseph,MO,64501

Investment Highlights

Investment property for sale in Saint Joseph at 516 S 31st St, Saint Joseph, MO, 64501 offers a 7.53% rental yield on a $162,500 purchase with $1,020/mo rent. Total monthly income registers $1,020/mo, and a $795/mo payment leaves $8/mo available for distribution. Annual cash flow reaches $100/yr on $53,869 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $1,049/yr while 5% annual appreciation supports $44,896 over five years. Portfolio math shows five-year ROI at 103.95% and total cumulative return in cash at $55,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $795/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.