1628 E Adams StreetSpringfieldMO65803
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1628 E Adams Street, Springfield, MO, 65803 in Springfield at $217,900 earns $1,450/mo in rent and nets $93/mo after the $980/mo payment, a 7.98% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $60,202 over five years. Ziffy Mortgage underwrites this on a 1.48 DSCR without U.S. credit history. With $2,007/yr in principal paydown, total projected return reaches $88,665.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $93 | $285 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,450 |
| Total Monthly Debt Service | $1,270 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
Nearby investment properties with comparable rents
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
Single Family
Built in 2001
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffory Banning • Living The Dream, Inc.
Mls Name: SOMOMLS
Mls ID: #60304542