609 E Prospect StCameronMO64429
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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 Cameron at 609 E Prospect St, Cameron, MO, 64429 uses $33,150 cash to close to unlock $1,952/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $785/mo, and a $489/mo payment keeps the spread at $163/mo. Purchase price stands at $100,000, and rental yield measures 9.42% with $785/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 134.49% and total cumulative return in cash records $44,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $785/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1943
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64429, Cameron, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,378 (100%) |
| Owner Occupied HU | 2,594 (59.3%) |
| Renter Occupied HU | 1,294 (29.6%) |
| Vacant Housing Units | 490 (11.2%) |
| Median Home Value | $200,000 |
| Average Home Value | $249,276 |
Housing Distribution
Address Breakdown
Residential
4,060
Single Family
4,014
Multi-Family
46
Businesses
413
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