1229 N Glenn AvenueSpringfieldMO65802
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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 1229 N Glenn Avenue, Springfield, MO, 65802 earns $441/mo cash flow from $1,740/mo rent with a $1,021/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $5,292/yr on $69,118 capital. ROI tracks 27.57% on current figures, and rental yield reads 10.01% at a $208,500 purchase. Equity gained on principal adds $1,345/yr, and 5% annual appreciation supports $57,605 over five years. Five-year ROI reaches 143.95% and total cumulative return in cash sums $99,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Single Family
Built in 1978
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65802, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,130 (100%) |
| Owner Occupied HU | 11,217 (50.7%) |
| Renter Occupied HU | 9,182 (41.5%) |
| Vacant Housing Units | 1,731 ( 7.8%) |
| Median Home Value | $204,089 |
| Average Home Value | $243,126 |
Housing Distribution
Address Breakdown
Residential
20,853
Single Family
20,101
Multi-Family
752
Businesses
1,497
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Listed by: Austin Brady Morton • Sturdy Real Estate
Mls Name: SOMOMLS
Mls ID: #60308055