9 Bermuda Drive #2 BLDG 33Reeds SpringMO65737
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 Reeds Spring at 9 Bermuda Drive #2 BLDG 33, Reeds Spring, MO, 65737 uses $81,218 cash to close to unlock $3,304/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,801/mo, and a $1,199/mo payment keeps the spread at $275/mo. Purchase price stands at $245,000, and rental yield measures 8.82% with $1,801/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 124.75% and total cumulative return in cash records $101,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,801/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65737, Reeds Spring, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,475 (100%) |
| Owner Occupied HU | 3,030 (55.3%) |
| Renter Occupied HU | 708 (12.9%) |
| Vacant Housing Units | 1,737 (31.7%) |
| Median Home Value | $282,963 |
| Average Home Value | $345,101 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
4,198
Multi-Family
0
Businesses
478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvette Jones • Weichert, Realtors-The Griffin Company
Mls Name: SOMOMLS
Mls ID: #60313058