1138 E Forest Ridge DrBolivarMO65613
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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 Bolivar at 1138 E Forest Ridge Dr, Bolivar, MO, 65613 offers a 8.18% rental yield on a $342,900 purchase with $2,338/mo rent. Total monthly income registers $2,338/mo, and a $1,678/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,194/yr on $113,671 to close, and return on cash invested stands at 21.84% in year one. Equity gained on principal adds $2,213/yr while 5% annual appreciation supports $94,737 over five years. Portfolio math shows five-year ROI at 113.32% and total cumulative return in cash at $128,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,338/mo property income against a $1,678/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
2.61 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65613, Bolivar, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,881 (100%) |
| Owner Occupied HU | 4,532 (57.5%) |
| Renter Occupied HU | 2,656 (33.7%) |
| Vacant Housing Units | 693 ( 8.8%) |
| Median Home Value | $212,318 |
| Average Home Value | $267,713 |
Housing Distribution
Address Breakdown
Residential
7,606
Single Family
7,597
Multi-Family
9
Businesses
853
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