3304 Lance 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
Investment property for sale in Columbia at 3304 Lance Dr, Columbia, MO, 65202 at $234,900 posts ROI 28.21% with $539/mo cash flow from $2,002/mo rent. Total monthly income equals $2,002/mo, and annual cash flow records $6,466/yr on $77,869 to close. Return on cash invested measures 28.21% and rental yield reads 10.23% at the current $234,900. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 by year five. Five-year ROI prints 147.43% and total cumulative return in cash totals $114,801.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,002/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
8,880 sqft 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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Listed by: Josh Whitaker • Keller Williams Realty
Mls Name: CBORMLS
Mls Provider:
Mls ID: #423450
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.