110 Ridgeway AveExcelsior SpringsMO64024
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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 Excelsior Springs at 110 Ridgeway Ave, Excelsior Springs, MO, 64024 with 5% annual appreciation on a $125,000 basis while $1,140/mo rent supports operations. Total monthly income totals $1,140/mo and a $612/mo payment preserves $361/mo for cash returns. Annual cash flow comes to $4,336/yr on $41,438 deployed, and return on cash invested reaches 30.37% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 10.94%. Five-year ROI measures 159.09% and total cumulative return in cash totals $65,921.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,140/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64024, Excelsior Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,970 (100%) |
| Owner Occupied HU | 4,802 (68.9%) |
| Renter Occupied HU | 1,710 (24.5%) |
| Vacant Housing Units | 458 ( 6.6%) |
| Median Home Value | $248,953 |
| Average Home Value | $305,115 |
Housing Distribution
Address Breakdown
Residential
6,531
Single Family
6,013
Multi-Family
518
Businesses
432
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Listed by: Melinda Humphrey • RE/MAX Area Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2576197