9 Lake Shore Dr SNew FlorenceMO63363
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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 New Florence at 9 Lake Shore Dr S, New Florence, MO, 63363 offers $900/mo rent that, after a $1,564/mo payment. Total monthly income is $900/mo. Return on cash invested measures 7.56% in year one, and rental yield stands at 3.38% at a $319,500 entry. Equity gained on principal adds $2,062/yr while 5% annual appreciation compounds into $88,272 by year five. Five-year ROI records 36.65% and total cumulative return in cash reaches $38,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $900/mo property income versus a $1,564/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63363, New Florence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 879 (100%) |
| Owner Occupied HU | 479 (54.5%) |
| Renter Occupied HU | 128 (14.6%) |
| Vacant Housing Units | 272 (30.9%) |
| Median Home Value | $197,635 |
| Average Home Value | $267,667 |
Housing Distribution
Address Breakdown
Residential
681
Single Family
681
Multi-Family
0
Businesses
45
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Listed by: Don A Hall • Pinnacle Real Estate
Mls Name: MARIS
Mls ID: #25067638