9612 Ridge RdDittmerMO63023
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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 Dittmer at 9612 Ridge Rd, Dittmer, MO, 63023 generates $1,119/mo in rent and, after a $685/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,119/mo, and annual cash flow is $2,970/yr on $46,377 invested. Return on cash invested sits at 26.31% in year one, and rental yield is 9.6% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 137.3% and total cumulative return in cash sums $63,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,119/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63023, Dittmer, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,168 (100%) |
| Owner Occupied HU | 1,735 (80.0%) |
| Renter Occupied HU | 193 ( 8.9%) |
| Vacant Housing Units | 240 (11.1%) |
| Median Home Value | $274,743 |
| Average Home Value | $333,013 |
Housing Distribution
Address Breakdown
Residential
1,864
Single Family
1,864
Multi-Family
0
Businesses
54
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