1318 W Bennett StSpringfieldMO65807
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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 Springfield at 1318 W Bennett St, Springfield, MO, 65807 generates $1,495/mo in rent and, after a $811/mo payment, leaves $463/mo in cash flow. Total monthly income is $1,495/mo, and annual cash flow is $5,557/yr on $54,930 invested. Return on cash invested sits at 30.03% in year one, and rental yield is 10.83% on a $165,700 entry. Equity gained on principal adds $1,069/yr, while 5% annual appreciation builds toward $45,780 over five years. Five-year ROI reaches 157.23% and total cumulative return in cash sums $86,367. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,495/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
9,583 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
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