622 Ann StFarmingtonMO63640
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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 Farmington at 622 Ann St, Farmington, MO, 63640 priced at $299,900 converts $1,798/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,798/mo. Return on cash invested prints 19.07% in year one, and rental yield reads 7.19% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 98.4% and total cumulative return in cash sums $97,828. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,798/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63640, Farmington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,913 (100%) |
| Owner Occupied HU | 7,320 (61.4%) |
| Renter Occupied HU | 3,511 (29.5%) |
| Vacant Housing Units | 1,082 ( 9.1%) |
| Median Home Value | $272,485 |
| Average Home Value | $298,656 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,220
Multi-Family
176
Businesses
1,181
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Listed by: Zoe Johns • Triple Creek Realty LLC
Mls Name: MARIS
Mls ID: #25074667