9488 Erika LnNew BloomfieldMO65063
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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 Bloomfield at 9488 Erika Ln, New Bloomfield, MO, 65063 generates $2,357/mo in rent and, after a $1,566/mo payment, leaves $339/mo in cash flow. Total monthly income is $2,357/mo, and annual cash flow is $4,074/yr on $106,047 invested. Return on cash invested sits at 23.75% in year one, and rental yield is 8.84% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 123.61% and total cumulative return in cash sums $131,084. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,357/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.77 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65063, New Bloomfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,480 (100%) |
| Owner Occupied HU | 1,110 (75.0%) |
| Renter Occupied HU | 270 (18.2%) |
| Vacant Housing Units | 100 ( 6.8%) |
| Median Home Value | $240,041 |
| Average Home Value | $275,968 |
Housing Distribution
Address Breakdown
Residential
1,462
Single Family
1,462
Multi-Family
0
Businesses
56
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Listed by: J.D. Estes • RE/MAX Boone Realty
Mls Name: CBORMLS
Mls Provider:
Mls ID: #425940
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.