515 Cottage Park LnWashingtonMO63090
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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 Washington at 515 Cottage Park Ln, Washington, MO, 63090 offers a 7.07% rental yield on a $325,000 purchase with $1,914/mo rent. 52% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 90.51% and total cumulative return in cash at $97,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,914/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
6,011 sqft lot
$N/A/sqft
$1,250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63090, Washington, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,464 (100%) |
| Owner Occupied HU | 7,270 (69.5%) |
| Renter Occupied HU | 2,443 (23.3%) |
| Vacant Housing Units | 751 ( 7.2%) |
| Median Home Value | $292,728 |
| Average Home Value | $332,116 |
Housing Distribution
Address Breakdown
Residential
10,153
Single Family
9,818
Multi-Family
335
Businesses
1,123
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Listed by: Matthew E McClelland • RE/MAX Today
Mls Name: MARIS
Mls Provider:
Mls ID: #25052526
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