523 S Summit DrHolts SummitMO65043
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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 Holts Summit at 523 S Summit Dr, Holts Summit, MO, 65043 priced at $199,900 converts $1,516/mo rent into $271/mo cash flow after a $978/mo obligation. Total monthly income equals $1,516/mo, and annual cash flow totals $3,258/yr on $66,267 invested. Return on cash invested prints 24.82% in year one, and rental yield reads 9.1% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 129.3% and total cumulative return in cash sums $85,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,516/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65043, Holts Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,186 (72.9%) |
| Renter Occupied HU | 905 (20.7%) |
| Vacant Housing Units | 281 ( 6.4%) |
| Median Home Value | $236,824 |
| Average Home Value | $259,257 |
Housing Distribution
Address Breakdown
Residential
4,264
Single Family
4,264
Multi-Family
0
Businesses
160
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Listed by: Beth McGeorge Team • RE/MAX Jefferson City
Mls Name: JCMLS
Mls Provider:
Mls ID: #10070857
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.