Old 79New LondonMO63459
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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 New London at Old 79, New London, MO, 63459 offers a 3.08% rental yield on a $585,000 purchase with $1,500/mo rent. 7% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 32.01% and total cumulative return in cash at $61,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63459, New London, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,420 (77.8%) |
| Renter Occupied HU | 287 (15.7%) |
| Vacant Housing Units | 119 ( 6.5%) |
| Median Home Value | $172,236 |
| Average Home Value | $222,676 |
Housing Distribution
Address Breakdown
Residential
1,534
Single Family
1,534
Multi-Family
0
Businesses
92
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Listed by: Luke Mitchell • High Point Land Company
Mls Name: REALSTACK
Mls ID: #85863