503 Columbia Dr APT BColumbiaMO65201
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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 Columbia at 503 Columbia Dr APT B, Columbia, MO, 65201 offers $916/mo rent that, after a $582/mo payment, leaves $25/mo cash flow. Total monthly income is $916/mo, and annual cash flow is $304/yr on $39,449 cash. Return on cash invested measures 20.68% in year one, and rental yield stands at 9.24% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 108.76% and total cumulative return in cash reaches $42,905. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $916/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65201, Columbia, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,582 (100%) |
| Owner Occupied HU | 6,281 (27.8%) |
| Renter Occupied HU | 13,910 (61.6%) |
| Vacant Housing Units | 2,391 (10.6%) |
| Median Home Value | $312,605 |
| Average Home Value | $358,527 |
Housing Distribution
Address Breakdown
Residential
20,008
Single Family
15,512
Multi-Family
4,496
Businesses
1,763
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Listed by: Kevin Reynolds • Moore and Shryock
Mls Name: CBORMLS
Mls Provider:
Mls ID: #423100
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.