902 N Hovis StreetMountain GroveMO65711
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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 Mountain Grove at 902 N Hovis Street, Mountain Grove, MO, 65711 earns $154/mo cash flow from $1,867/mo rent with a $1,346/mo payment. Total monthly income totals $1,867/mo, and annual cash flow totals $1,852/yr on $91,163 capital. ROI tracks 21.94% on current figures, and rental yield reads 8.15% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 113.81% and total cumulative return in cash sums $103,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,867/mo property income instead of your personal income.
Single Family
Built in 1968
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65711, Mountain Grove, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,421 (100%) |
| Owner Occupied HU | 2,681 (60.6%) |
| Renter Occupied HU | 1,136 (25.7%) |
| Vacant Housing Units | 604 (13.7%) |
| Median Home Value | $162,406 |
| Average Home Value | $225,758 |
Housing Distribution
Address Breakdown
Residential
4,111
Single Family
4,035
Multi-Family
76
Businesses
404
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Listed by: Teresa Bradley • 37 North Realty - Mountain Grove
Mls Name: SOMOMLS
Mls ID: #60306061