602 N Providence Rd #100ColumbiaMO65203
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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 602 N Providence Rd #100, Columbia, MO, 65203 uses $59,670 cash to close to unlock $3,324/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,398/mo, and a $881/mo payment keeps the spread at $277/mo. Purchase price stands at $180,000, and rental yield measures 9.32% with $1,398/mo rent. Return on cash invested shows 25.48% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 132.76% and total cumulative return in cash records $79,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,398/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A 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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