617 Center StLathropMO64465
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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 Lathrop at 617 Center St, Lathrop, MO, 64465 uses $104,423 cash to close to unlock $1,428/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,081/mo, and a $1,542/mo payment keeps the spread at $119/mo. Purchase price stands at $315,000, and rental yield measures 7.93% with $2,081/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 110.21% and total cumulative return in cash records $115,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,081/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1908
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64465, Lathrop, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,028 (100%) |
| Owner Occupied HU | 1,410 (69.5%) |
| Renter Occupied HU | 392 (19.3%) |
| Vacant Housing Units | 226 (11.1%) |
| Median Home Value | $215,417 |
| Average Home Value | $255,145 |
Housing Distribution
Address Breakdown
Residential
1,774
Single Family
1,774
Multi-Family
0
Businesses
96
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