1418 E Woodgate StreetSpringfieldMO65804
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1418 E Woodgate Street, Springfield, MO, 65804 in Springfield at $245,000 earns $1,532/mo in rent and nets $7/mo after the $1,102/mo payment, a 7.51% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $67,689 over five years. Ziffy Mortgage underwrites this on a 1.39 DSCR without U.S. credit history. With $2,256/yr in principal paydown, total projected return reaches $93,364.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.5% |
| Monthly Cash Flow | $7 | $285 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,532 |
| Total Monthly Debt Service | $1,428 |
| DSCR Ratio | 1.07x |
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.
Single Family
Built in 1989
7,840 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
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
Single Family
Built in 1989
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Senn • RE/MAX House of Brokers
Mls Name: SOMOMLS
Mls ID: #60312045