521 W Elk StCarthageMO64836
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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 Carthage at 521 W Elk St, Carthage, MO, 64836 with 5% annual appreciation on a $155,000 basis while $1,314/mo rent supports operations. Total monthly income totals $1,314/mo and a $759/mo payment preserves $348/mo for cash returns. Annual cash flow comes to $4,180/yr on $51,383 deployed, and return on cash invested reaches 28.04% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 10.17%. Five-year ROI measures 146.6% and total cumulative return in cash totals $75,328.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,314/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1997
4,730 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64836, Carthage, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,295 (100%) |
| Owner Occupied HU | 6,434 (62.5%) |
| Renter Occupied HU | 2,957 (28.7%) |
| Vacant Housing Units | 904 ( 8.8%) |
| Median Home Value | $206,836 |
| Average Home Value | $245,087 |
Housing Distribution
Address Breakdown
Residential
9,654
Single Family
9,413
Multi-Family
241
Businesses
776
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