1465 N Grant 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
Rental property for sale in Springfield at 1465 N Grant Avenue, Springfield, MO, 65802 generates $1,286/mo in rent and, after a $979/mo payment, leaves $40/mo in cash flow. Total monthly income is $1,286/mo, and annual cash flow is $484/yr on $66,300 invested. Return on cash invested sits at 20.64% in year one, and rental yield is 7.72% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 106.87% and total cumulative return in cash sums $70,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,286/mo property income rather than buyer’s personal income.
Multi Family
Built in 1907
3,049 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: Andrey Gulyy • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60302818