905 E Drake StreetBolivarMO65613
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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 Bolivar at 905 E Drake Street, Bolivar, MO, 65613 uses $67,958 cash to close to unlock $6,140/yr annual cash flow and $512/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $1,003/mo payment keeps the spread at $512/mo. Purchase price stands at $205,000, and rental yield measures 10.47% with $1,788/mo rent. Return on cash invested shows 28.94% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 151.36% and total cumulative return in cash records $102,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65613, Bolivar, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,881 (100%) |
| Owner Occupied HU | 4,532 (57.5%) |
| Renter Occupied HU | 2,656 (33.7%) |
| Vacant Housing Units | 693 ( 8.8%) |
| Median Home Value | $212,318 |
| Average Home Value | $267,713 |
Housing Distribution
Address Breakdown
Residential
7,606
Single Family
7,597
Multi-Family
9
Businesses
853
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