1215 NW Hidden Ridge CirBlue SpringsMO64015
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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 Blue Springs at 1215 NW Hidden Ridge Cir, Blue Springs, MO, 64015 generates $1,538/mo in rent and, after a $978/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,538/mo, and annual cash flow is $914/yr on $66,267 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 9.23% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 111.79% and total cumulative return in cash sums $74,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,538/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
894 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64015, Blue Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,181 (100%) |
| Owner Occupied HU | 9,311 (70.6%) |
| Renter Occupied HU | 3,302 (25.1%) |
| Vacant Housing Units | 568 ( 4.3%) |
| Median Home Value | $283,990 |
| Average Home Value | $312,095 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
12,972
Multi-Family
261
Businesses
836
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Nearby investment properties with comparable prices
Listed by: Vinny Monarez • Keller Williams Platinum Prtnr
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2512620
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604