819 Looney StreetMount VernonMO65712
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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 Mount Vernon at 819 Looney Street, Mount Vernon, MO, 65712 priced at $175,000 converts $1,380/mo rent into $290/mo cash flow after a $857/mo obligation. Total monthly income equals $1,380/mo, and annual cash flow totals $3,476/yr on $58,013 invested. Return on cash invested prints 25.9% in year one, and rental yield reads 9.46% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 135.04% and total cumulative return in cash sums $78,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65712, Mount Vernon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,415 (65.9%) |
| Renter Occupied HU | 947 (25.8%) |
| Vacant Housing Units | 302 ( 8.2%) |
| Median Home Value | $229,030 |
| Average Home Value | $274,113 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,387
Multi-Family
95
Businesses
341
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Listed by: Tara Prater • ReeceNichols - Mount Vernon
Mls Name: SOMOMLS
Mls ID: #60300507