13360 Ridgeview DrPlatte CityMO64079
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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
Total monthly income runs $1,980/mo, and a $2,129/mo payment. Purchase price stands at $434,900, and rental yield measures 5.46% with $1,980/mo rent. Return on cash invested shows 13.84% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 70.38% and total cumulative return in cash records $101,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64079, Platte City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,923 (100%) |
| Owner Occupied HU | 4,279 (72.2%) |
| Renter Occupied HU | 1,388 (23.4%) |
| Vacant Housing Units | 256 ( 4.3%) |
| Median Home Value | $372,475 |
| Average Home Value | $400,408 |
Housing Distribution
Address Breakdown
Residential
5,631
Single Family
5,386
Multi-Family
245
Businesses
393
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Listed by: Patty Farr • RE/MAX House of Dreams
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2570832