1625 N Colgate AvenueSpringfieldMO65802
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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
Investment Highlights
Investment property for sale in Springfield at 1625 N Colgate Avenue, Springfield, MO, 65802 at $185,000 posts ROI 27.98% with $412/mo cash flow from $1,564/mo rent. Total monthly income equals $1,564/mo, and annual cash flow records $4,948/yr on $61,328 to close. Return on cash invested measures 27.98% and rental yield reads 10.14% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 146.21% and total cumulative return in cash totals $89,667.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,564/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1991
0.29 Acres 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: Tyler James Williamson • Alpha Realty MO, LLC
Mls Name: SOMOMLS
Mls ID: #60307223