406 Longfellow LnColumbiaMO65203
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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 406 Longfellow Ln, Columbia, MO, 65203 uses $99,417 cash to close to unlock $5,726/yr annual cash flow and $477/mo monthly cash flow. Total monthly income runs $2,345/mo, and a $1,468/mo payment keeps the spread at $477/mo. Purchase price stands at $299,900, and rental yield measures 9.38% with $2,345/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 133.82% and total cumulative return in cash records $133,036. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,345/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.32 Acres lot
$N/A/sqft
No 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: Jamie Pauley-Toth • Iron Gate Real Estate
Mls Name: CBORMLS
Mls Provider:
Mls ID: #425835
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.