6496 Racine StSenecaMO64865
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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 Seneca at 6496 Racine St, Seneca, MO, 64865 offers a 10% rental yield on a $180,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $881/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,548/yr on $59,670 to close, and return on cash invested stands at 27.53% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 143.74% and total cumulative return in cash at $85,769. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64865, Seneca, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,413 (100%) |
| Owner Occupied HU | 1,742 (72.2%) |
| Renter Occupied HU | 493 (20.4%) |
| Vacant Housing Units | 178 ( 7.4%) |
| Median Home Value | $198,718 |
| Average Home Value | $255,685 |
Housing Distribution
Address Breakdown
Residential
2,173
Single Family
2,173
Multi-Family
0
Businesses
113
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