607 Ridgeway AveColumbiaMO65203
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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 607 Ridgeway Ave, Columbia, MO, 65203 earns $30/mo cash flow from $1,120/mo rent with a $857/mo payment. Total monthly income totals $1,120/mo, and annual cash flow totals $356/yr on $58,013 capital. ROI tracks 20.52% on current figures, and rental yield reads 7.68% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 106.21% and total cumulative return in cash sums $61,615. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,120/mo property income instead of your personal income.
Single Family
Built in 1944
8,276 sqft 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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