603 Summit StButlerMO64730
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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 Butler at 603 Summit St, Butler, MO, 64730 priced at $184,900 converts $780/mo rent into after a $905/mo obligation. Total monthly income equals $780/mo. Return on cash invested prints 12.64% in year one, and rental yield reads 5.06% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 63.93% and total cumulative return in cash sums $39,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $780/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64730, Butler, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,671 (100%) |
| Owner Occupied HU | 2,376 (64.7%) |
| Renter Occupied HU | 880 (24.0%) |
| Vacant Housing Units | 415 (11.3%) |
| Median Home Value | $209,217 |
| Average Home Value | $237,117 |
Housing Distribution
Address Breakdown
Residential
2,904
Single Family
2,810
Multi-Family
94
Businesses
318
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