624 Penny AveCape GirardeauMO63701
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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 Cape Girardeau at 624 Penny Ave, Cape Girardeau, MO, 63701 with 5% annual appreciation on a $125,000 basis while $941/mo rent supports operations. Total monthly income totals $941/mo and a $612/mo payment preserves $162/mo for cash returns. Annual cash flow comes to $1,948/yr on $41,438 deployed, and return on cash invested reaches 24.61% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.03%. Five-year ROI measures 128.19% and total cumulative return in cash totals $53,117.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $941/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63701, Cape Girardeau, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,731 (100%) |
| Owner Occupied HU | 9,874 (55.7%) |
| Renter Occupied HU | 6,319 (35.6%) |
| Vacant Housing Units | 1,538 ( 8.7%) |
| Median Home Value | $256,250 |
| Average Home Value | $305,672 |
Housing Distribution
Address Breakdown
Residential
16,356
Single Family
15,573
Multi-Family
783
Businesses
1,015
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Listed by: Joe J Pujol • Ritter Real Estate
Mls Name: MARIS
Mls ID: #26001602