705 Mimosa DrNeoshoMO64850
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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 Neosho at 705 Mimosa Dr, Neosho, MO, 64850 priced at $449,900 pairs $3,191/mo rent with $389/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,191/mo, and annual cash flow comes to $4,670/yr on $149,142 invested. Return on cash invested is 23.04% in year one, and rental yield stands at 8.51% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 119.71% and total cumulative return in cash reaches $178,534. For financing, Ziffy Mortgage’s DSCR program evaluates $3,191/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64850, Neosho, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 6,757 (65.3%) |
| Renter Occupied HU | 2,739 (26.5%) |
| Vacant Housing Units | 857 ( 8.3%) |
| Median Home Value | $181,734 |
| Average Home Value | $221,241 |
Housing Distribution
Address Breakdown
Residential
10,318
Single Family
9,989
Multi-Family
329
Businesses
944
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