28098 E 322nd AveRidgewayMO64481
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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 Ridgeway at 28098 E 322nd Ave, Ridgeway, MO, 64481 generates $778/mo in rent, after a $1,150/mo payment. Total monthly income is $778/mo. Return on cash invested sits at 9.35% in year one, and rental yield is 3.97% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 46.29% and total cumulative return in cash sums $36,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $778/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64481, Ridgeway, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 296 (60.9%) |
| Renter Occupied HU | 66 (13.6%) |
| Vacant Housing Units | 124 (25.5%) |
| Median Home Value | $137,500 |
| Average Home Value | $179,240 |
Housing Distribution
Address Breakdown
Residential
431
Single Family
431
Multi-Family
0
Businesses
18
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