4744 NE Ridgeway DrHamiltonMO64644
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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 Hamilton at 4744 NE Ridgeway Dr, Hamilton, MO, 64644 generates $1,189/mo in rent and, after a $734/mo payment, leaves $255/mo in cash flow. Total monthly income is $1,189/mo, and annual cash flow is $3,060/yr on $49,725 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.51% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 135.88% and total cumulative return in cash sums $67,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,189/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64644, Hamilton, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,309 (100%) |
| Owner Occupied HU | 816 (62.3%) |
| Renter Occupied HU | 297 (22.7%) |
| Vacant Housing Units | 196 (15.0%) |
| Median Home Value | $178,378 |
| Average Home Value | $242,978 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,203
Multi-Family
0
Businesses
111
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