1809 Iris 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 1809 Iris Dr, Columbia, MO, 65202 uses $81,218 cash to close to unlock $9,100/yr annual cash flow and $758/mo monthly cash flow. Total monthly income runs $2,284/mo, and a $1,199/mo payment keeps the spread at $758/mo. Purchase price stands at $245,000, and rental yield measures 11.19% with $2,284/mo rent. Return on cash invested shows 31.11% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 163.01% and total cumulative return in cash records $132,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,284/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1967
9,000 sqft 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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