1617 Timber Creek DrColumbiaMO65202
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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 Columbia at 1617 Timber Creek Dr, Columbia, MO, 65202 uses $59,339 cash to close to unlock $2,032/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $1,404/mo, and a $876/mo payment keeps the spread at $169/mo. Purchase price stands at $179,000, and rental yield measures 9.41% with $1,404/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 122.19% and total cumulative return in cash records $72,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,404/mo property income covering a $876/mo payment rather than investor’s personal income.
Condo
Built in 2004
1,397 sqft lot
$N/A/sqft
$120 monthly 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: Nathan Boone • House of Brokers Realty, Inc.
Mls Name: CBORMLS
Mls Provider:
Mls ID: #422769
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.