State Highway MMercerMO64661
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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 Mercer at State Highway M, Mercer, MO, 64661 offers $996/mo rent that, after a $1,258/mo payment. Total monthly income is $996/mo. Return on cash invested measures 11.39% in year one, and rental yield stands at 4.65% at a $257,000 entry. Equity gained on principal adds $1,658/yr while 5% annual appreciation compounds into $71,004 by year five. Five-year ROI records 57.26% and total cumulative return in cash reaches $48,780. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $996/mo property income versus a $1,258/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
51.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64661, Mercer, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 451 (100%) |
| Owner Occupied HU | 254 (56.3%) |
| Renter Occupied HU | 67 (14.9%) |
| Vacant Housing Units | 130 (28.8%) |
| Median Home Value | $134,375 |
| Average Home Value | $190,994 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
21
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Listed by: Steve R Bruere • Peoples Company
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327411
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.