1324 E Lakepoint CtSpringfieldMO65804
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 1324 E Lakepoint Ct, Springfield, MO, 65804 at $494,400 posts ROI 46.75% with $3,666/mo cash flow from $6,767/mo rent. Total monthly income equals $6,767/mo, and annual cash flow records $43,997/yr on $163,894 to close. Return on cash invested measures 46.75% and rental yield reads 16.42% at the current $494,400. Equity gained on principal adds $3,190/yr, and 5% annual appreciation supports $136,594 by year five. Five-year ROI prints 246.91% and total cumulative return in cash totals $404,678.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,767/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A