701 E Pierce StKirksvilleMO63501
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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 Kirksville at 701 E Pierce St, Kirksville, MO, 63501 offers $1,024/mo rent that, after a $585/mo payment, leaves $280/mo cash flow. Total monthly income is $1,024/mo, and annual cash flow is $3,356/yr on $39,614 cash. Return on cash invested measures 28.38% in year one, and rental yield stands at 10.28% at a $119,500 entry. Equity gained on principal adds $771/yr while 5% annual appreciation compounds into $33,016 by year five. Five-year ROI records 148.36% and total cumulative return in cash reaches $58,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,024/mo property income versus a $585/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,156 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
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Listed by: Vicki Benson • RE/MAX Home Team
Mls Name: Northeast Central AOR
Mls Provider:
Mls ID: #37297
Disclaimer: Listing information is deemed reliable, but not guaranteed.