602 Park StLathropMO64465
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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 Lathrop at 602 Park St, Lathrop, MO, 64465 with 5% annual appreciation on a $170,000 basis while $0/mo rent supports operations. 63% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64465, Lathrop, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,028 (100%) |
| Owner Occupied HU | 1,410 (69.5%) |
| Renter Occupied HU | 392 (19.3%) |
| Vacant Housing Units | 226 (11.1%) |
| Median Home Value | $215,417 |
| Average Home Value | $255,145 |
Housing Distribution
Address Breakdown
Residential
1,774
Single Family
1,774
Multi-Family
0
Businesses
96
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