Carter Rte N #247GrandinMO63943
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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 Grandin at Carter Rte N #247, Grandin, MO, 63943 priced at $650,000 converts $0/mo rent into after a $3,181/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.65% in year one, and rental yield reads 0% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in N/A
265 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63943, Grandin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 610 (70.3%) |
| Renter Occupied HU | 158 (18.2%) |
| Vacant Housing Units | 100 (11.5%) |
| Median Home Value | $242,453 |
| Average Home Value | $257,242 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
18
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No similar rental properties found nearby.
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