1500 E Lindberg StreetSpringfieldMO65804
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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
Investment property for sale in Springfield at 1500 E Lindberg Street, Springfield, MO, 65804 offers a 9.85% rental yield on a $139,900 purchase with $1,148/mo rent. Total monthly income registers $1,148/mo, and a $685/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,318/yr on $46,377 to close, and return on cash invested stands at 27.06% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 141.31% and total cumulative return in cash at $65,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,148/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,969 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
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Listed by: Renea Frizzell • Home Sweet Home Realty & Associates, LLC
Mls Name: SOMOMLS
Mls ID: #60301624