608 N 24th StSaint JosephMO64506
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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 Saint Joseph at 608 N 24th St, Saint Joseph, MO, 64506 generates $983/mo in rent and, after a $710/mo payment, leaves $80/mo in cash flow. Total monthly income is $983/mo, and annual cash flow is $956/yr on $48,068 invested. Return on cash invested sits at 21.9% in year one, and rental yield is 8.14% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 113.58% and total cumulative return in cash sums $54,596. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $983/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Susan BARTLETT • REECENICHOLS-IDE CAPITAL
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569605