62 S Ridge LaneBlue EyeMO65611
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 Blue Eye at 62 S Ridge Lane, Blue Eye, MO, 65611 priced at $559,000 converts $4,405/mo rent into $924/mo cash flow after a $2,736/mo obligation. Total monthly income equals $4,405/mo, and annual cash flow totals $11,084/yr on $183,911 invested. Return on cash invested prints 26.09% in year one, and rental yield reads 9.46% against a $559,000 entry. Equity gained on principal adds $3,607/yr, while 5% annual appreciation compiles into $154,441 by year five. Five-year ROI reaches 135.99% and total cumulative return in cash sums $250,107. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,405/mo property income covering a $2,736/mo payment, not borrower’s personal income.
Single Family
Built in 1979
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65611, Blue Eye, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,488 (100%) |
| Owner Occupied HU | 765 (51.4%) |
| Renter Occupied HU | 156 (10.5%) |
| Vacant Housing Units | 567 (38.1%) |
| Median Home Value | $291,142 |
| Average Home Value | $317,797 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,152
Multi-Family
87
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices