624 Henry AveManchesterMO63011
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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 Manchester at 624 Henry Ave, Manchester, MO, 63011 uses $125,937 cash to close to unlock $10,470/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $3,238/mo, and a $1,859/mo payment keeps the spread at $872/mo. Purchase price stands at $379,900, and rental yield measures 10.23% with $3,238/mo rent. Return on cash invested shows 28.22% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 147.49% and total cumulative return in cash records $185,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,238/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63011, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,451 (100%) |
| Owner Occupied HU | 12,199 (79.0%) |
| Renter Occupied HU | 2,602 (16.8%) |
| Vacant Housing Units | 650 ( 4.2%) |
| Median Home Value | $377,585 |
| Average Home Value | $408,442 |
Housing Distribution
Address Breakdown
Residential
14,988
Single Family
13,839
Multi-Family
1,149
Businesses
1,289
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Listed by: Gloria Lu • Your Home Sold Guaranteed Realty
Mls Name: My State MLS
Mls ID: #11578628