947 Lake StSikestonMO63801
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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 Sikeston at 947 Lake St, Sikeston, MO, 63801 offers a 9.14% rental yield on a $152,500 purchase with $1,162/mo rent. Total monthly income registers $1,162/mo, and a $746/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,552/yr on $50,554 to close, and return on cash invested stands at 24.96% in year one. Equity gained on principal adds $984/yr while 5% annual appreciation supports $42,133 over five years. Portfolio math shows five-year ROI at 129.98% and total cumulative return in cash at $65,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,162/mo property income against a $746/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63801, Sikeston, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,580 (100%) |
| Owner Occupied HU | 6,159 (58.2%) |
| Renter Occupied HU | 3,488 (33.0%) |
| Vacant Housing Units | 933 ( 8.8%) |
| Median Home Value | $163,549 |
| Average Home Value | $204,350 |
Housing Distribution
Address Breakdown
Residential
10,036
Single Family
9,728
Multi-Family
308
Businesses
1,229
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