606 Patterson StAndersonMO64831
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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 Anderson at 606 Patterson St, Anderson, MO, 64831 priced at $200,000 converts $1,333/mo rent into $87/mo cash flow after a $979/mo obligation. Total monthly income equals $1,333/mo, and annual cash flow totals $1,048/yr on $66,300 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 8% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 111.43% and total cumulative return in cash sums $73,880. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,333/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1996
9,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64831, Anderson, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,707 (65.6%) |
| Renter Occupied HU | 622 (23.9%) |
| Vacant Housing Units | 273 (10.5%) |
| Median Home Value | $200,996 |
| Average Home Value | $257,466 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,324
Multi-Family
0
Businesses
172
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Listed by: Jennifer Burt • CHARLES BURT REALTORS
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #252490
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.