1069 S Broadway AvenueSpringfieldMO65807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1069 S Broadway Avenue, Springfield, MO, 65807 uses $59,637 cash to close to unlock $1,526/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,248/mo, and a $881/mo payment keeps the spread at $127/mo. Purchase price stands at $179,900, and rental yield measures 8.32% with $1,248/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 116.7% and total cumulative return in cash records $69,597. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,248/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1906
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65807, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,767 (100%) |
| Owner Occupied HU | 12,151 (42.2%) |
| Renter Occupied HU | 14,608 (50.8%) |
| Vacant Housing Units | 2,008 ( 7.0%) |
| Median Home Value | $199,856 |
| Average Home Value | $233,654 |
Housing Distribution
Address Breakdown
Residential
26,780
Single Family
23,613
Multi-Family
3,167
Businesses
1,904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Kaczynski • Alpha Realty MO, LLC
Mls Name: SOMOMLS
Mls ID: #60311224