5175 Elm RdReedsMO64859
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Reeds at 5175 Elm Rd, Reeds, MO, 64859 offers a 6.89% rental yield on a $220,000 purchase with $1,264/mo rent. 16% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 93.51% and total cumulative return in cash at $68,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,264/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64859, Reeds, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 400 (72.6%) |
| Renter Occupied HU | 80 (14.5%) |
| Vacant Housing Units | 71 (12.9%) |
| Median Home Value | $195,833 |
| Average Home Value | $226,894 |
Housing Distribution
Address Breakdown
Residential
483
Single Family
483
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Sterling • Joplin Area Real Estate, LLC
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #254559
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.