0 Ridge View At R 7 Custom #IIIFestusMO63028
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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 Festus at 0 Ridge View At R 7 Custom #III, Festus, MO, 63028 priced at $580,000 converts $1,934/mo rent into after a $2,839/mo obligation. Total monthly income equals $1,934/mo. Return on cash invested prints 9.51% in year one, and rental yield reads 4% against a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation compiles into $160,243 by year five. Five-year ROI reaches 47.08% and total cumulative return in cash sums $89,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,934/mo property income covering a $2,839/mo payment, not borrower’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63028, Festus, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,777 (74.6%) |
| Renter Occupied HU | 2,372 (20.2%) |
| Vacant Housing Units | 618 ( 5.3%) |
| Median Home Value | $261,375 |
| Average Home Value | $298,353 |
Housing Distribution
Address Breakdown
Residential
11,592
Single Family
11,376
Multi-Family
216
Businesses
702
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