609 S Lexington StHoldenMO64040
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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 Holden at 609 S Lexington St, Holden, MO, 64040 offers $1,560/mo rent that, after a $1,167/mo payment, leaves $75/mo cash flow. Total monthly income is $1,560/mo, and annual cash flow is $900/yr on $79,063 cash. Return on cash invested measures 21.05% in year one, and rental yield stands at 7.85% at a $238,500 entry. Equity gained on principal adds $1,539/yr while 5% annual appreciation compounds into $65,893 by year five. Five-year ROI records 108.99% and total cumulative return in cash reaches $86,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $1,167/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,198 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64040, Holden, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,871 (100%) |
| Owner Occupied HU | 2,088 (72.7%) |
| Renter Occupied HU | 521 (18.1%) |
| Vacant Housing Units | 262 ( 9.1%) |
| Median Home Value | $254,833 |
| Average Home Value | $308,060 |
Housing Distribution
Address Breakdown
Residential
2,812
Single Family
2,804
Multi-Family
8
Businesses
168
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Listed by: Kerrie C Shumate • Midwest Realty and Auction
Mls Name: WCAR MO
Mls Provider:
Mls ID: #101555
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.