606 6th StGrandinMO63943
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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
Investment Highlights
Investment property for sale in Grandin at 606 6th St, Grandin, MO, 63943 offers a 11.32% rental yield on a $179,900 purchase with $1,697/mo rent. Total monthly income registers $1,697/mo, and a $881/mo payment leaves $576/mo available for distribution. Annual cash flow reaches $6,914/yr on $59,637 to close, and return on cash invested stands at 31.5% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 165.11% and total cumulative return in cash at $98,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,697/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63943, Grandin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 610 (70.3%) |
| Renter Occupied HU | 158 (18.2%) |
| Vacant Housing Units | 100 (11.5%) |
| Median Home Value | $242,453 |
| Average Home Value | $257,242 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
18
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