11503 N Dripping Springs RdColumbiaMO65202
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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 Columbia at 11503 N Dripping Springs Rd, Columbia, MO, 65202 generates $983/mo in rent and, after a $636/mo payment, leaves $174/mo in cash flow. Total monthly income is $983/mo, and annual cash flow is $2,084/yr on $43,095 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.07% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash sums $55,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $983/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65202, Columbia, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,464 (100%) |
| Owner Occupied HU | 12,818 (57.1%) |
| Renter Occupied HU | 7,973 (35.5%) |
| Vacant Housing Units | 1,673 ( 7.4%) |
| Median Home Value | $230,096 |
| Average Home Value | $280,896 |
Housing Distribution
Address Breakdown
Residential
21,110
Single Family
20,925
Multi-Family
185
Businesses
931
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Listed by: Angie Enochs • RE/MAX Boone Realty
Mls Name: CBORMLS
Mls Provider:
Mls ID: #428734
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.