607 E South StAlbanyMO64402
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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 Albany at 607 E South St, Albany, MO, 64402 priced at $220,000 converts $1,544/mo rent into $174/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,544/mo, and annual cash flow totals $2,084/yr on $72,930 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 8.42% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 118.24% and total cumulative return in cash sums $86,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,544/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1923
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64402, Albany, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,095 (100%) |
| Owner Occupied HU | 707 (64.6%) |
| Renter Occupied HU | 262 (23.9%) |
| Vacant Housing Units | 126 (11.5%) |
| Median Home Value | $126,223 |
| Average Home Value | $162,023 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
1,009
Multi-Family
10
Businesses
134
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