1144 S Paula AvenueSpringfieldMO65804
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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 1144 S Paula Avenue, Springfield, MO, 65804 uses $65,969 cash to close to unlock $7,592/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $974/mo payment keeps the spread at $633/mo. Purchase price stands at $199,000, and rental yield measures 11.29% with $1,872/mo rent. Return on cash invested shows 31.42% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 164.63% and total cumulative return in cash records $108,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65804, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,748 (100%) |
| Owner Occupied HU | 10,768 (51.9%) |
| Renter Occupied HU | 8,686 (41.9%) |
| Vacant Housing Units | 1,294 ( 6.2%) |
| Median Home Value | $262,746 |
| Average Home Value | $310,378 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
17,913
Multi-Family
1,578
Businesses
2,252
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Listed by: Melinda A Hayes • Murney Associates - Nixa
Mls Name: SOMOMLS
Mls ID: #60308166