9 Murray LnPlatte CityMO64079
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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 Platte City at 9 Murray Ln, Platte City, MO, 64079 priced at $340,000 converts $1,980/mo rent into after a $1,664/mo obligation. Total monthly income equals $1,980/mo. Return on cash invested prints 18.45% in year one, and rental yield reads 6.99% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 95.05% and total cumulative return in cash sums $107,130. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64079, Platte City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,923 (100%) |
| Owner Occupied HU | 4,279 (72.2%) |
| Renter Occupied HU | 1,388 (23.4%) |
| Vacant Housing Units | 256 ( 4.3%) |
| Median Home Value | $372,475 |
| Average Home Value | $400,408 |
Housing Distribution
Address Breakdown
Residential
5,631
Single Family
5,386
Multi-Family
245
Businesses
393
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Listed by: Brock Thomas • Keller Williams KC North
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582295