15 Birdie Lane #3Reeds SpringMO65737
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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 Reeds Spring at 15 Birdie Lane #3, Reeds Spring, MO, 65737 generates $2,267/mo in rent, after a $1,933/mo payment. Total monthly income is $2,267/mo. Return on cash invested sits at 18.14% in year one, and rental yield is 6.89% on a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 93.43% and total cumulative return in cash sums $122,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,267/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65737, Reeds Spring, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,475 (100%) |
| Owner Occupied HU | 3,030 (55.3%) |
| Renter Occupied HU | 708 (12.9%) |
| Vacant Housing Units | 1,737 (31.7%) |
| Median Home Value | $282,963 |
| Average Home Value | $345,101 |
Housing Distribution
Address Breakdown
Residential
4,198
Single Family
4,198
Multi-Family
0
Businesses
478
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Listed by: Gideon Valley Real Estate • ReeceNichols - Springfield
Mls Name: SOMOMLS
Mls ID: #60314149