6301 Sherman StSaint JosephMO64504
Nearby investment properties with comparable rents
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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 Saint Joseph at 6301 Sherman St, Saint Joseph, MO, 64504 priced at $120,000 pairs $934/mo rent with $187/mo cash flow after a $587/mo payment. Total monthly income equals $934/mo, and annual cash flow comes to $2,244/yr on $39,780 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 9.34% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 133.17% and total cumulative return in cash reaches $52,975. For financing, Ziffy Mortgage’s DSCR program evaluates $934/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1911
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64504, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,679 (100%) |
| Owner Occupied HU | 2,999 (64.1%) |
| Renter Occupied HU | 1,109 (23.7%) |
| Vacant Housing Units | 571 (12.2%) |
| Median Home Value | $145,305 |
| Average Home Value | $190,535 |
Housing Distribution
Address Breakdown
Residential
4,238
Single Family
4,154
Multi-Family
84
Businesses
274
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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