931 Davis StNew MadridMO63869
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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
Rental property for sale in New Madrid at 931 Davis St, New Madrid, MO, 63869 generates $0/mo in rent, after a $783/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.64% in year one, and rental yield is 0% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63869, New Madrid, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,750 (100%) |
| Owner Occupied HU | 952 (54.4%) |
| Renter Occupied HU | 585 (33.4%) |
| Vacant Housing Units | 213 (12.2%) |
| Median Home Value | $136,806 |
| Average Home Value | $184,561 |
Housing Distribution
Address Breakdown
Residential
1,498
Single Family
1,498
Multi-Family
0
Businesses
189
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Allen A Basham • EXP Realty, LLC
Mls Name: MARIS
Mls ID: #25077769