628 N Summit StNeoshoMO64850
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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 Neosho at 628 N Summit St, Neosho, MO, 64850 earns $384/mo cash flow from $1,443/mo rent with a $832/mo payment. Total monthly income totals $1,443/mo, and annual cash flow totals $4,614/yr on $56,322 capital. ROI tracks 28.1% on current figures, and rental yield reads 10.19% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 146.89% and total cumulative return in cash sums $82,730. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,443/mo property income instead of your personal income.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64850, Neosho, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 6,757 (65.3%) |
| Renter Occupied HU | 2,739 (26.5%) |
| Vacant Housing Units | 857 ( 8.3%) |
| Median Home Value | $181,734 |
| Average Home Value | $221,241 |
Housing Distribution
Address Breakdown
Residential
10,318
Single Family
9,989
Multi-Family
329
Businesses
944
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