Durham Plan, Streets of Caledonia,Ofallon,MO,63368

Investment Highlights

Rental property for sale in Ofallon at Durham Plan, Streets of Caledonia, Ofallon, MO, 63368 priced at $324,900 converts $2,444/mo rent into $421/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,444/mo, and annual cash flow totals $5,050/yr on $107,704 invested. Return on cash invested prints 24.6% in year one, and rental yield reads 9.03% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 128.04% and total cumulative return in cash sums $137,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,444/mo property income covering a $1,590/mo payment, not borrower’s personal income.