2801 W Broadway UNIT P-3ColumbiaMO65203
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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 2801 W Broadway UNIT P-3, Columbia, MO, 65203 offers a 10.71% rental yield on a $185,000 purchase with $1,651/mo rent. Total monthly income registers $1,651/mo, and a $905/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,280/yr on $61,328 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 133.24% and total cumulative return in cash at $81,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,651/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$226 monthly 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: Lucas Little • Century 21 Community
Mls Name: CBORMLS
Mls Provider:
Mls ID: #428960
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.