Highway 164,Steele,MO,63877

Investment Highlights

Investment property for sale in Steele at Highway 164, Steele, MO, 63877 listed at $609,000 pairs $1,277/mo rent with a $2,981/mo payment. Total monthly income runs $1,277/mo. Return on cash invested measures 4.99% in year one, and rental yield registers 2.52% at a $609,000 basis. Equity gained on principal adds $3,930/yr, and annual property appreciation at 5% supports $168,255 by year five. Five-year ROI tracks 22.86% and total cumulative return in cash totals $45,797. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,277/mo property income relative to a $2,981/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).