1036 E Manchester DriveSpringfieldMO65810
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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 Springfield at 1036 E Manchester Drive, Springfield, MO, 65810 uses $119,307 cash to close to unlock $18,878/yr annual cash flow and $1,573/mo monthly cash flow. Total monthly income runs $3,815/mo, and a $1,762/mo payment keeps the spread at $1,573/mo. Purchase price stands at $359,900, and rental yield measures 12.72% with $3,815/mo rent. Return on cash invested shows 35.73% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 187.79% and total cumulative return in cash records $224,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,815/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65810, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,139 (100%) |
| Owner Occupied HU | 6,825 (67.3%) |
| Renter Occupied HU | 2,931 (28.9%) |
| Vacant Housing Units | 383 ( 3.8%) |
| Median Home Value | $319,891 |
| Average Home Value | $350,819 |
Housing Distribution
Address Breakdown
Residential
10,108
Single Family
9,400
Multi-Family
708
Businesses
342
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Listed by: Cary D Prater • Real Property Management Momen
Mls Name: SOMOMLS
Mls ID: #60308830