608 Chippewa StSenecaMO64865
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
Investment Highlights
Rental property for sale in Seneca at 608 Chippewa St, Seneca, MO, 64865 priced at $174,900 pairs $1,111/mo rent with $22/mo cash flow after a $856/mo payment. Total monthly income equals $1,111/mo, and annual cash flow comes to $262/yr on $57,979 invested. Return on cash invested is 20.36% in year one, and rental yield stands at 7.62% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 105.33% and total cumulative return in cash reaches $61,068. For financing, Ziffy Mortgage’s DSCR program evaluates $1,111/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64865, Seneca, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,413 (100%) |
| Owner Occupied HU | 1,742 (72.2%) |
| Renter Occupied HU | 493 (20.4%) |
| Vacant Housing Units | 178 ( 7.4%) |
| Median Home Value | $198,718 |
| Average Home Value | $255,685 |
Housing Distribution
Address Breakdown
Residential
2,173
Single Family
2,173
Multi-Family
0
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices