57620 Highway NnMilanMO63556
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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
Total monthly income runs $2,780/mo, and a $2,389/mo payment. Purchase price stands at $488,000, and rental yield measures 6.84% with $2,780/mo rent. Return on cash invested shows 17.98% in year one, and 5% annual appreciation builds toward $134,825 over five years. Five-year ROI reaches 92.57% and total cumulative return in cash records $149,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,780/mo property income covering a $2,389/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63556, Milan, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 896 (55.3%) |
| Renter Occupied HU | 470 (29.0%) |
| Vacant Housing Units | 255 (15.7%) |
| Median Home Value | $120,098 |
| Average Home Value | $170,840 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,409
Multi-Family
17
Businesses
140
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