1357 E Blaine StSpringfieldMO65803
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1357 E Blaine St, Springfield, MO, 65803 in Springfield: $1,808/mo in rent, $547/mo net, 10.71% gross yield, all on a $202,600 acquisition. The 1.98 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $55,975 in value, and $1,866/yr in principal paydown steadily builds equity. Projected total cumulative return: $112,021.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.5% |
| Monthly Cash Flow | $547 | $285 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,808 |
| Total Monthly Debt Service | $1,181 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1949
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
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
Multi Family
Built in 1949
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A