918 N Walnut St,Steele,MO,63877

Investment Highlights

Investment property for sale in Steele at 918 N Walnut St, Steele, MO, 63877 uses $107,738 cash to close to unlock $10,220/yr annual cash flow and $852/mo monthly cash flow. Total monthly income runs $2,876/mo, and a $1,591/mo payment keeps the spread at $852/mo. Purchase price stands at $325,000, and rental yield measures 10.62% with $2,876/mo rent. Return on cash invested shows 29.4% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 153.77% and total cumulative return in cash records $165,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,876/mo property income covering a $1,591/mo payment rather than investor’s personal income.