748 Oak Ridge DrNeoshoMO64850
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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 Neosho at 748 Oak Ridge Dr, Neosho, MO, 64850 priced at $257,900 converts $1,673/mo rent into $67/mo cash flow after a $1,262/mo obligation. Total monthly income equals $1,673/mo, and annual cash flow totals $806/yr on $85,494 invested. Return on cash invested prints 20.85% in year one, and rental yield reads 7.78% against a $257,900 entry. Equity gained on principal adds $1,664/yr, while 5% annual appreciation compiles into $71,253 by year five. Five-year ROI reaches 108% and total cumulative return in cash sums $92,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,673/mo property income covering a $1,262/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64850, Neosho, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 6,757 (65.3%) |
| Renter Occupied HU | 2,739 (26.5%) |
| Vacant Housing Units | 857 ( 8.3%) |
| Median Home Value | $181,734 |
| Average Home Value | $221,241 |
Housing Distribution
Address Breakdown
Residential
10,318
Single Family
9,989
Multi-Family
329
Businesses
944
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