602 McGee LnShelbinaMO63468
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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 Shelbina at 602 McGee Ln, Shelbina, MO, 63468 offers $1,204/mo rent that, after a $974/mo payment. Total monthly income is $1,204/mo. Return on cash invested measures 19.27% in year one, and rental yield stands at 7.26% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 99.47% and total cumulative return in cash reaches $65,622. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,204/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63468, Shelbina, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 758 (63.6%) |
| Renter Occupied HU | 252 (21.2%) |
| Vacant Housing Units | 181 (15.2%) |
| Median Home Value | $111,782 |
| Average Home Value | $162,701 |
Housing Distribution
Address Breakdown
Residential
1,059
Single Family
1,059
Multi-Family
0
Businesses
123
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Listed by: Donnely M Jung • Ravenscraft Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24064662
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