611 N 2nd StSavannahMO64485
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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 Savannah at 611 N 2nd St, Savannah, MO, 64485 offers a 7.56% rental yield on a $245,000 purchase with $1,543/mo rent. Total monthly income registers $1,543/mo, and a $1,199/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $208/yr on $81,218 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 104.31% and total cumulative return in cash at $84,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,543/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64485, Savannah, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,517 (100%) |
| Owner Occupied HU | 2,496 (71.0%) |
| Renter Occupied HU | 808 (23.0%) |
| Vacant Housing Units | 213 ( 6.1%) |
| Median Home Value | $199,194 |
| Average Home Value | $268,757 |
Housing Distribution
Address Breakdown
Residential
3,368
Single Family
3,325
Multi-Family
43
Businesses
243
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