818 Sherwood DrBismarckMO63624
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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 Bismarck at 818 Sherwood Dr, Bismarck, MO, 63624 priced at $149,000 converts $239/mo rent into after a $729/mo obligation. Total monthly income equals $239/mo. Return on cash invested prints 3.18% in year one, and rental yield reads 1.92% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 13.22% and total cumulative return in cash sums $6,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $239/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63624, Bismarck, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 1,011 (62.2%) |
| Renter Occupied HU | 300 (18.5%) |
| Vacant Housing Units | 315 (19.4%) |
| Median Home Value | $160,691 |
| Average Home Value | $180,883 |
Housing Distribution
Address Breakdown
Residential
1,497
Single Family
1,497
Multi-Family
0
Businesses
51
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