2309 Cherry Ridge CtColumbiaMO65203
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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 2309 Cherry Ridge Ct, Columbia, MO, 65203 priced at $469,000 converts $3,389/mo rent into $468/mo cash flow after a $2,296/mo obligation. Total monthly income equals $3,389/mo, and annual cash flow totals $5,612/yr on $155,474 invested. Return on cash invested prints 23.52% in year one, and rental yield reads 8.67% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 122.25% and total cumulative return in cash sums $190,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,389/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 1995
10,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65203, Columbia, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,145 (100%) |
| Owner Occupied HU | 16,343 (58.1%) |
| Renter Occupied HU | 10,196 (36.2%) |
| Vacant Housing Units | 1,606 ( 5.7%) |
| Median Home Value | $359,387 |
| Average Home Value | $390,189 |
Housing Distribution
Address Breakdown
Residential
27,098
Single Family
24,669
Multi-Family
2,429
Businesses
1,354
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Listed by: Stacey Tonyan • House of Brokers Realty, Inc.
Mls Name: JCMLS
Mls Provider:
Mls ID: #10070095
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.