605 Michigan StJefferson CityMO65109
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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 Jefferson City at 605 Michigan St, Jefferson City, MO, 65109 uses $39,780 cash to close to unlock $2,196/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $930/mo, and a $587/mo payment keeps the spread at $183/mo. Purchase price stands at $120,000, and rental yield measures 9.3% with $930/mo rent. Return on cash invested shows 25.43% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 132.48% and total cumulative return in cash records $52,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $930/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1965
10,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65109, Jefferson City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,371 (100%) |
| Owner Occupied HU | 11,429 (62.2%) |
| Renter Occupied HU | 5,698 (31.0%) |
| Vacant Housing Units | 1,244 ( 6.8%) |
| Median Home Value | $244,431 |
| Average Home Value | $264,112 |
Housing Distribution
Address Breakdown
Residential
18,067
Single Family
16,948
Multi-Family
1,119
Businesses
1,395
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Listed by: Dean P Klempke • Iron Gate Real Estate
Mls Name: JCMLS
Mls Provider:
Mls ID: #10070356
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.