624 Caldwell StExcelsior SpringsMO64024
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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 Excelsior Springs at 624 Caldwell St, Excelsior Springs, MO, 64024 priced at $255,000 pairs $2,302/mo rent with $714/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,302/mo, and annual cash flow comes to $8,568/yr on $84,533 invested. Return on cash invested is 30.04% in year one, and rental yield stands at 10.83% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 157.24% and total cumulative return in cash reaches $132,920. For financing, Ziffy Mortgage’s DSCR program evaluates $2,302/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1897
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64024, Excelsior Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,970 (100%) |
| Owner Occupied HU | 4,802 (68.9%) |
| Renter Occupied HU | 1,710 (24.5%) |
| Vacant Housing Units | 458 ( 6.6%) |
| Median Home Value | $248,953 |
| Average Home Value | $305,115 |
Housing Distribution
Address Breakdown
Residential
6,531
Single Family
6,013
Multi-Family
518
Businesses
432
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Listed by: Amanda Scogin • RE/MAX Advantage
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2583583