624 Lake Placid RdStoverMO65078
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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 Stover at 624 Lake Placid Rd, Stover, MO, 65078 offers a 11.21% rental yield on a $174,000 purchase with $1,626/mo rent. Total monthly income registers $1,626/mo, and a $852/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,504/yr on $57,681 to close, and return on cash invested stands at 31.18% in year one. Equity gained on principal adds $1,123/yr while 5% annual appreciation supports $48,073 over five years. Portfolio math shows five-year ROI at 163.36% and total cumulative return in cash at $94,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,626/mo property income against a $852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
1,656 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65078, Stover, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,864 (100%) |
| Owner Occupied HU | 1,346 (47.0%) |
| Renter Occupied HU | 319 (11.1%) |
| Vacant Housing Units | 1,199 (41.9%) |
| Median Home Value | $183,088 |
| Average Home Value | $266,800 |
Housing Distribution
Address Breakdown
Residential
1,976
Single Family
1,976
Multi-Family
0
Businesses
92
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