707 Grand StLamarMO64759
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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
Investment property for sale in Lamar at 707 Grand St, Lamar, MO, 64759 with 5% annual appreciation on a $128,000 basis while $982/mo rent supports operations. Total monthly income totals $982/mo and a $627/mo payment preserves $185/mo for cash returns. Annual cash flow comes to $2,224/yr on $42,432 deployed, and return on cash invested reaches 25.15% in year one. Equity gained on principal adds $826/yr, and five-year appreciation sums $35,364 alongside rental yield of 9.21%. Five-year ROI measures 131.08% and total cumulative return in cash totals $55,619.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $982/mo property income versus a $627/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64759, Lamar, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,656 (100%) |
| Owner Occupied HU | 2,255 (61.7%) |
| Renter Occupied HU | 989 (27.1%) |
| Vacant Housing Units | 412 (11.3%) |
| Median Home Value | $166,039 |
| Average Home Value | $215,669 |
Housing Distribution
Address Breakdown
Residential
3,303
Single Family
3,303
Multi-Family
0
Businesses
337
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Listed by: Darrel Phipps • KELLER WILLIAMS REALTY ELEVATE
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #243596
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.