615 S Hamilton StNeoshoMO64850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Neosho at 615 S Hamilton St, Neosho, MO, 64850 offers $1,101/mo rent that, after a $685/mo payment, leaves $229/mo cash flow. Total monthly income is $1,101/mo, and annual cash flow is $2,752/yr on $46,410 cash. Return on cash invested measures 25.84% in year one, and rental yield stands at 9.44% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 134.76% and total cumulative return in cash reaches $62,542. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,101/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64850, Neosho, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 6,757 (65.3%) |
| Renter Occupied HU | 2,739 (26.5%) |
| Vacant Housing Units | 857 ( 8.3%) |
| Median Home Value | $181,734 |
| Average Home Value | $221,241 |
Housing Distribution
Address Breakdown
Residential
10,318
Single Family
9,989
Multi-Family
329
Businesses
944
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices