2009 N Waterfront Dr N APT GColumbiaMO65202
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 2009 N Waterfront Dr N APT G, Columbia, MO, 65202 in Columbia: $1,493/mo in rent, $267/mo in net income, 11.56% gross yield, 2.14 DSCR, all at $155,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $42,824 in appreciation and $1,428/yr in principal paydown projects total cumulative return of $77,178.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $267 | $1,420 |
City averages based on Columbia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,493 |
| Total Monthly Debt Service | $1,164 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
987 sqft lot
$N/A/sqft
$260 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1982
987 sqft lot
$N/A/sqft
$260 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Arey • Arey Real Estate
Mls Name: CBORMLS
Mls Provider:
Mls ID: #427931
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.