721 Mimosa DrSikestonMO63801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sikeston at 721 Mimosa Dr, Sikeston, MO, 63801 uses $69,947 cash to close to unlock $6,608/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $1,865/mo, and a $1,033/mo payment keeps the spread at $551/mo. Purchase price stands at $211,000, and rental yield measures 10.61% with $1,865/mo rent. Return on cash invested shows 29.36% in year one, and 5% annual appreciation builds toward $58,295 over five years. Five-year ROI reaches 153.57% and total cumulative return in cash records $107,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,865/mo property income covering a $1,033/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63801, Sikeston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,580 (100%) |
| Owner Occupied HU | 6,159 (58.2%) |
| Renter Occupied HU | 3,488 (33.0%) |
| Vacant Housing Units | 933 ( 8.8%) |
| Median Home Value | $163,549 |
| Average Home Value | $204,350 |
Housing Distribution
Address Breakdown
Residential
10,036
Single Family
9,728
Multi-Family
308
Businesses
1,229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices