606-608 Danforth St #605-607-STREET;CharlestonMO63834
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.62% yield at 606-608 Danforth St #605-607-STREET, Charleston, MO, 63834 in Charleston is solid, but the $450/mo payment compresses net cash flow to $179/mo at $100,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $27,628 by year five, and $921/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.78) without U.S. income documentation. Total projected return: $49,457.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $179 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $802 |
| Total Monthly Debt Service | $583 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63834, Charleston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,224 (100%) |
| Owner Occupied HU | 1,224 (55.0%) |
| Renter Occupied HU | 766 (34.4%) |
| Vacant Housing Units | 234 (10.5%) |
| Median Home Value | $110,253 |
| Average Home Value | $128,092 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,121
Multi-Family
0
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63834, Charleston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,224 (100%) |
| Owner Occupied HU | 1,224 (55.0%) |
| Renter Occupied HU | 766 (34.4%) |
| Vacant Housing Units | 234 (10.5%) |
| Median Home Value | $110,253 |
| Average Home Value | $128,092 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,121
Multi-Family
0
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dorothy Hutcheson • Chuck Davis Realty
Mls Name: SEMOMLS
Mls Provider:
Mls ID: #15680
Disclaimer: Copyright Southeast Missouri MLS. All rights reserved. Information is deemed reliable but not guaranteed.