2620 Carolyn Circle DrHigh RidgeMO63049
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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 High Ridge at 2620 Carolyn Circle Dr, High Ridge, MO, 63049 uses $81,383 cash to close to unlock $7,592/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $2,162/mo, and a $1,202/mo payment keeps the spread at $633/mo. Purchase price stands at $245,500, and rental yield measures 10.57% with $2,162/mo rent. Return on cash invested shows 29.24% in year one, and 5% annual appreciation builds toward $67,827 over five years. Five-year ROI reaches 152.94% and total cumulative return in cash records $124,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,162/mo property income covering a $1,202/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63049, High Ridge, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,222 (100%) |
| Owner Occupied HU | 5,721 (79.2%) |
| Renter Occupied HU | 1,216 (16.8%) |
| Vacant Housing Units | 285 ( 3.9%) |
| Median Home Value | $253,006 |
| Average Home Value | $284,155 |
Housing Distribution
Address Breakdown
Residential
6,890
Single Family
6,518
Multi-Family
372
Businesses
471
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Listed by: Victoria A Conell • R Towne Real Estate, LLC
Mls Name: MARIS
Mls ID: #26000117