704 Buford BlvdFredericktownMO63645
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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 Fredericktown at 704 Buford Blvd, Fredericktown, MO, 63645 offers $1,828/mo rent that, after a $1,248/mo payment, leaves $240/mo cash flow. Total monthly income is $1,828/mo, and annual cash flow is $2,880/yr on $84,533 cash. Return on cash invested measures 23.32% in year one, and rental yield stands at 8.6% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 121.16% and total cumulative return in cash reaches $102,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,828/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1.46 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
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Listed by: Ashlyn Davis • RE/MAX Best Choice
Mls Name: MARIS
Mls ID: #26001729