705 N Myrtle StPierce CityMO65723
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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 Pierce City at 705 N Myrtle St, Pierce City, MO, 65723 offers $1,530/mo rent that, after a $945/mo payment, leaves $328/mo cash flow. Total monthly income is $1,530/mo, and annual cash flow is $3,930/yr on $64,013 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 9.51% at a $193,100 entry. Equity gained on principal adds $1,246/yr while 5% annual appreciation compounds into $53,350 by year five. Five-year ROI records 135.86% and total cumulative return in cash reaches $86,966. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,530/mo property income versus a $945/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65723, Pierce City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,497 (100%) |
| Owner Occupied HU | 1,049 (70.1%) |
| Renter Occupied HU | 314 (21.0%) |
| Vacant Housing Units | 134 ( 9.0%) |
| Median Home Value | $197,679 |
| Average Home Value | $258,973 |
Housing Distribution
Address Breakdown
Residential
1,471
Single Family
1,471
Multi-Family
0
Businesses
73
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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