616 Clearwater Dr UNIT 2CCamdentonMO65020
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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 Camdenton at 616 Clearwater Dr UNIT 2C, Camdenton, MO, 65020 offers $2,000/mo rent that, after a $1,463/mo payment, leaves $138/mo cash flow. Total monthly income is $2,000/mo, and annual cash flow is $1,660/yr on $99,119 cash. Return on cash invested measures 21.58% in year one, and rental yield stands at 8.03% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 111.89% and total cumulative return in cash reaches $110,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,000/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65020, Camdenton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,389 (100%) |
| Owner Occupied HU | 4,861 (46.8%) |
| Renter Occupied HU | 1,399 (13.5%) |
| Vacant Housing Units | 4,129 (39.7%) |
| Median Home Value | $297,222 |
| Average Home Value | $369,072 |
Housing Distribution
Address Breakdown
Residential
7,423
Single Family
7,261
Multi-Family
162
Businesses
743
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