1704 McAlester StColumbiaMO65201
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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 1704 McAlester St, Columbia, MO, 65201 priced at $275,700 converts $2,251/mo rent into $534/mo cash flow after a $1,349/mo obligation. Total monthly income equals $2,251/mo, and annual cash flow totals $6,413/yr on $91,395 invested. Return on cash invested prints 26.93% in year one, and rental yield reads 9.8% against a $275,700 entry. Equity gained on principal adds $1,779/yr, while 5% annual appreciation compiles into $76,171 by year five. Five-year ROI reaches 140.55% and total cumulative return in cash sums $128,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,251/mo property income covering a $1,349/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65201, Columbia, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,582 (100%) |
| Owner Occupied HU | 6,281 (27.8%) |
| Renter Occupied HU | 13,910 (61.6%) |
| Vacant Housing Units | 2,391 (10.6%) |
| Median Home Value | $312,605 |
| Average Home Value | $358,527 |
Housing Distribution
Address Breakdown
Residential
20,008
Single Family
15,512
Multi-Family
4,496
Businesses
1,763
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