603 E Summit AvenueSeymourMO65746
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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 Seymour at 603 E Summit Avenue, Seymour, MO, 65746 offers $1,450/mo rent that, after a $759/mo payment, leaves $484/mo cash flow. Total monthly income is $1,450/mo, and annual cash flow is $5,812/yr on $51,383 cash. Return on cash invested measures 31.22% in year one, and rental yield stands at 11.23% at a $155,000 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,824 by year five. Five-year ROI records 163.63% and total cumulative return in cash reaches $84,076. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,450/mo property income versus a $759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65746, Seymour, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,281 (100%) |
| Owner Occupied HU | 2,466 (75.2%) |
| Renter Occupied HU | 526 (16.0%) |
| Vacant Housing Units | 289 ( 8.8%) |
| Median Home Value | $197,148 |
| Average Home Value | $283,971 |
Housing Distribution
Address Breakdown
Residential
2,826
Single Family
2,826
Multi-Family
0
Businesses
174
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