601 Orner 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
Rental property for sale in Carthage at 601 Orner St, Carthage, MO, 64836 priced at $215,000 pairs $1,980/mo rent with $641/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $7,696/yr on $71,273 invested. Return on cash invested is 30.71% in year one, and rental yield stands at 11.05% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 160.83% and total cumulative return in cash reaches $114,625. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1914
0.28 Acres 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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Listed by: The Real Estate Girlz, Lisa Mason • KELLER WILLIAMS REALTY ELEVATE
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #252276
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.