902 E Morgan StBoonvilleMO65233
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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
Investment property for sale in Boonville at 902 E Morgan St, Boonville, MO, 65233 uses $55,692 cash to close to unlock $2,916/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,289/mo, and a $822/mo payment keeps the spread at $243/mo. Purchase price stands at $168,000, and rental yield measures 9.21% with $1,289/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 130.95% and total cumulative return in cash records $72,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,289/mo property income covering a $822/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65233, Boonville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,748 (100%) |
| Owner Occupied HU | 3,023 (63.7%) |
| Renter Occupied HU | 1,313 (27.7%) |
| Vacant Housing Units | 412 ( 8.7%) |
| Median Home Value | $206,501 |
| Average Home Value | $228,454 |
Housing Distribution
Address Breakdown
Residential
4,620
Single Family
4,481
Multi-Family
139
Businesses
494
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Listed by: Mitch Leonard • Central Realty
Mls Name: CBORMLS
Mls Provider:
Mls ID: #428079
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.