701 E Clark StAlbanyMO64402
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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 Albany at 701 E Clark St, Albany, MO, 64402 offers a 8.27% rental yield on a $220,000 purchase with $1,517/mo rent. Total monthly income registers $1,517/mo, and a $1,077/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,760/yr on $72,930 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 115.85% and total cumulative return in cash at $84,491. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64402, Albany, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,095 (100%) |
| Owner Occupied HU | 707 (64.6%) |
| Renter Occupied HU | 262 (23.9%) |
| Vacant Housing Units | 126 (11.5%) |
| Median Home Value | $126,223 |
| Average Home Value | $162,023 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
1,009
Multi-Family
10
Businesses
134
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