608 Mount Vernon DrArnoldMO63010
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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
Investment property for sale in Arnold at 608 Mount Vernon Dr, Arnold, MO, 63010 uses $79,858 cash to close to unlock $10,102/yr annual cash flow and $842/mo monthly cash flow. Total monthly income runs $2,342/mo, and a $1,179/mo payment keeps the spread at $842/mo. Purchase price stands at $240,900, and rental yield measures 11.67% with $2,342/mo rent. Return on cash invested shows 32.56% in year one, and 5% annual appreciation builds toward $66,556 over five years. Five-year ROI reaches 170.73% and total cumulative return in cash records $136,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,342/mo property income covering a $1,179/mo payment rather than investor’s personal income.
Single Family
Built in 1971
9,047 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63010, Arnold, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,723 (100%) |
| Owner Occupied HU | 11,493 (78.1%) |
| Renter Occupied HU | 2,642 (17.9%) |
| Vacant Housing Units | 588 ( 4.0%) |
| Median Home Value | $241,028 |
| Average Home Value | $267,603 |
Housing Distribution
Address Breakdown
Residential
14,513
Single Family
13,935
Multi-Family
578
Businesses
959
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