702 Walnut StFredericktownMO63645
INVESTMENT ANALYSIS
Investment Verdict
Solid Income702 Walnut St, Fredericktown, MO, 63645 in Fredericktown is a solid income-producing rental, 9.59% gross yield, $1,598/mo rent, $352/mo net cash flow on a $199,999 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $55,256 and $1,842/yr in principal reduction project a total cumulative return of $98,614.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $352 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,598 |
| Total Monthly Debt Service | $1,166 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63645, Fredericktown, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,466 (100%) |
| Owner Occupied HU | 3,433 (62.8%) |
| Renter Occupied HU | 1,293 (23.7%) |
| Vacant Housing Units | 740 (13.5%) |
| Median Home Value | $172,791 |
| Average Home Value | $221,374 |
Housing Distribution
Address Breakdown
Residential
5,041
Single Family
4,976
Multi-Family
65
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63645, Fredericktown, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,466 (100%) |
| Owner Occupied HU | 3,433 (62.8%) |
| Renter Occupied HU | 1,293 (23.7%) |
| Vacant Housing Units | 740 (13.5%) |
| Median Home Value | $172,791 |
| Average Home Value | $221,374 |
Housing Distribution
Address Breakdown
Residential
5,041
Single Family
4,976
Multi-Family
65
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lance Cureton • Living The Dream Inc.
Mls Name: MARIS
Mls ID: #25081171