617 S Magen StreetFair GroveMO65648
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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 Fair Grove at 617 S Magen Street, Fair Grove, MO, 65648 priced at $324,900 pairs $2,340/mo rent with $317/mo cash flow after a $1,590/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $3,802/yr on $107,704 invested. Return on cash invested is 23.44% in year one, and rental yield stands at 8.64% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 121.82% and total cumulative return in cash reaches $131,201. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65648, Fair Grove, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,386 (100%) |
| Owner Occupied HU | 1,933 (81.0%) |
| Renter Occupied HU | 312 (13.1%) |
| Vacant Housing Units | 141 ( 5.9%) |
| Median Home Value | $296,307 |
| Average Home Value | $362,428 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,324
Multi-Family
0
Businesses
134
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Listed by: Team Serrano • Assist 2 Sell
Mls Name: SOMOMLS
Mls ID: #60314196