912 Chestnut Ridge RdManchesterMO63021
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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 Manchester at 912 Chestnut Ridge Rd, Manchester, MO, 63021 uses $106,080 cash to close to unlock $8,932/yr annual cash flow and $744/mo monthly cash flow. Total monthly income runs $2,737/mo, and a $1,566/mo payment keeps the spread at $744/mo. Purchase price stands at $320,000, and rental yield measures 10.26% with $2,737/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 148.08% and total cumulative return in cash records $157,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,737/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1978
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63021, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 17,978 (77.8%) |
| Renter Occupied HU | 4,353 (18.8%) |
| Vacant Housing Units | 768 ( 3.3%) |
| Median Home Value | $359,944 |
| Average Home Value | $393,028 |
Housing Distribution
Address Breakdown
Residential
22,766
Single Family
20,652
Multi-Family
2,114
Businesses
392
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Listed by: Anthony J Best • Berkshire Hathaway HomeServices Select Properties
Mls Name: MARIS
Mls ID: #25064885