1518 W Silver Oak DriveSpringfieldMO65810
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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 1518 W Silver Oak Drive, Springfield, MO, 65810 priced at $865,000 pairs $5,400/mo rent with after a $4,234/mo payment. Total monthly income equals $5,400/mo. Return on cash invested is 19.84% in year one, and rental yield stands at 7.49% on a $865,000 basis. Equity gained on principal adds $5,582/yr, and 5% annual appreciation accumulates to $238,984 by year five. Five-year ROI measures 102.61% and total cumulative return in cash reaches $292,011. For financing, Ziffy Mortgage’s DSCR program evaluates $5,400/mo property income against a $4,234/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
$771 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65810, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,139 (100%) |
| Owner Occupied HU | 6,825 (67.3%) |
| Renter Occupied HU | 2,931 (28.9%) |
| Vacant Housing Units | 383 ( 3.8%) |
| Median Home Value | $319,891 |
| Average Home Value | $350,819 |
Housing Distribution
Address Breakdown
Residential
10,108
Single Family
9,400
Multi-Family
708
Businesses
342
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Nearby investment properties with comparable prices
Listed by: Brandi N Morris • Landmark Brokers
Mls Name: SOMOMLS
Mls Provider:
Mls ID: #60272958
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