715 Terrace DrCape GirardeauMO63701
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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 Cape Girardeau at 715 Terrace Dr, Cape Girardeau, MO, 63701 uses $94,312 cash to close to unlock $8,324/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,392/mo payment keeps the spread at $694/mo. Purchase price stands at $284,500, and rental yield measures 10.4% with $2,465/mo rent. Return on cash invested shows 28.74% in year one, and 5% annual appreciation builds toward $78,602 over five years. Five-year ROI reaches 150.24% and total cumulative return in cash records $141,689. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,392/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63701, Cape Girardeau, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,731 (100%) |
| Owner Occupied HU | 9,874 (55.7%) |
| Renter Occupied HU | 6,319 (35.6%) |
| Vacant Housing Units | 1,538 ( 8.7%) |
| Median Home Value | $256,250 |
| Average Home Value | $305,672 |
Housing Distribution
Address Breakdown
Residential
16,356
Single Family
15,573
Multi-Family
783
Businesses
1,015
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Listed by: Kim Bader • Edge Realty
Mls Name: MARIS
Mls ID: #25068821