704 S 2nd St,Spickard,MO,64679

Investment Highlights

Investment property for sale in Spickard at 704 S 2nd St, Spickard, MO, 64679 offers a 9.78% rental yield on a $199,000 purchase with $1,622/mo rent. Total monthly income registers $1,622/mo, and a $974/mo payment leaves $383/mo available for distribution. Annual cash flow reaches $4,592/yr on $65,969 to close, and return on cash invested stands at 26.87% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 140.24% and total cumulative return in cash at $92,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,622/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.