721 Locust StEdgar SpringsMO65462
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 721 Locust St, Edgar Springs, MO, 65462 in Edgar Springs worth modelling. At $145,000 with a 7.98% gross yield, the $965/mo rent leaves $62/mo after the $687/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.40 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $40,061 by year five; $1,216/yr in principal reduction adds further equity. Total projected return: $56,309.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $62 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $965 |
| Total Monthly Debt Service | $881 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65462, Edgar Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 646 (100%) |
| Owner Occupied HU | 453 (70.1%) |
| Renter Occupied HU | 96 (14.9%) |
| Vacant Housing Units | 97 (15.0%) |
| Median Home Value | $173,821 |
| Average Home Value | $264,216 |
Housing Distribution
Address Breakdown
Residential
543
Single Family
543
Multi-Family
0
Businesses
20
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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
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Listed by: N/A • N/A
Mls Name: MARIS
Mls Provider:
Mls ID: #26055011
