2501 Spruce 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
Rental property for sale in Columbia at 2501 Spruce Dr, Columbia, MO, 65202 generates $1,998/mo in rent and, after a $1,322/mo payment, leaves $316/mo in cash flow. Total monthly income is $1,998/mo, and annual cash flow is $3,792/yr on $89,505 invested. Return on cash invested sits at 24.15% in year one, and rental yield is 8.88% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 125.6% and total cumulative return in cash sums $112,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,998/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
N/A 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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