903 Cook RdSaint JosephMO64505
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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 Saint Joseph at 903 Cook Rd, Saint Joseph, MO, 64505 listed at $172,000 pairs $1,140/mo rent with a $842/mo payment to leave $69/mo cash flow. Total monthly income runs $1,140/mo, and annual cash flow reaches $824/yr on $57,018 cash to close. Return on cash invested measures 21.35% in year one, and rental yield registers 7.95% at a $172,000 basis. Equity gained on principal adds $1,110/yr, and annual property appreciation at 5% supports $47,520 by year five. Five-year ROI tracks 110.66% and total cumulative return in cash totals $63,097. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1904
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64505, Saint Joseph, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,771 (100%) |
| Owner Occupied HU | 3,844 (66.6%) |
| Renter Occupied HU | 1,380 (23.9%) |
| Vacant Housing Units | 547 ( 9.5%) |
| Median Home Value | $217,206 |
| Average Home Value | $272,177 |
Housing Distribution
Address Breakdown
Residential
5,637
Single Family
5,625
Multi-Family
12
Businesses
204
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Listed by: Vickie Wheeler • Randolph Realty Group
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2598615