706 N Hickory StPrincetonMO64673
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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 Princeton at 706 N Hickory St, Princeton, MO, 64673 priced at $159,900 converts $1,009/mo rent into $13/mo cash flow after a $783/mo obligation. Total monthly income equals $1,009/mo, and annual cash flow totals $154/yr on $53,007 invested. Return on cash invested prints 20.2% in year one, and rental yield reads 7.57% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 104.47% and total cumulative return in cash sums $55,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,009/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1988
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64673, Princeton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 773 (58.2%) |
| Renter Occupied HU | 246 (18.5%) |
| Vacant Housing Units | 310 (23.3%) |
| Median Home Value | $140,809 |
| Average Home Value | $239,512 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,028
Multi-Family
60
Businesses
122
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