509 Columbia Dr APT CColumbiaMO65201
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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 509 Columbia Dr APT C, Columbia, MO, 65201 listed at $118,000 pairs $897/mo rent with a $578/mo payment to leave $12/mo cash flow. Total monthly income runs $897/mo, and annual cash flow reaches $140/yr on $39,117 cash to close. Return on cash invested measures 20.27% in year one, and rental yield registers 9.12% at a $118,000 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,601 by year five. Five-year ROI tracks 106.52% and total cumulative return in cash totals $41,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $897/mo property income relative to a $578/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
1,306 sqft 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: Jeff White • RE/MAX Boone Realty
Mls Name: CBORMLS
Mls Provider:
Mls ID: #429846
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.