802 S 15th St,Saint Joseph,MO,64501

Investment Highlights

Investment property for sale in Saint Joseph at 802 S 15th St, Saint Joseph, MO, 64501 offers a 9.4% rental yield on a $129,900 purchase with $1,018/mo rent. Total monthly income registers $1,018/mo, and a $636/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,506/yr on $43,062 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 134.14% and total cumulative return in cash at $57,763. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,018/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.