602 Redwood DrAshlandMO65010
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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 Ashland at 602 Redwood Dr, Ashland, MO, 65010 offers $2,148/mo rent that, after a $1,508/mo payment, leaves $229/mo cash flow. Total monthly income is $2,148/mo, and annual cash flow is $2,752/yr on $102,102 cash. Return on cash invested measures 22.6% in year one, and rental yield stands at 8.37% at a $308,000 entry. Equity gained on principal adds $1,987/yr while 5% annual appreciation compounds into $85,095 by year five. Five-year ROI records 117.38% and total cumulative return in cash reaches $119,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,148/mo property income versus a $1,508/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65010, Ashland, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,396 (77.4%) |
| Renter Occupied HU | 583 (18.8%) |
| Vacant Housing Units | 115 ( 3.7%) |
| Median Home Value | $397,208 |
| Average Home Value | $447,810 |
Housing Distribution
Address Breakdown
Residential
2,878
Single Family
2,866
Multi-Family
12
Businesses
212
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