1679 E Belmont StreetSpringfieldMO65802
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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 1679 E Belmont Street, Springfield, MO, 65802 at $230,000 posts ROI 16.07% with from $1,189/mo rent. Total monthly income equals $1,189/mo. Return on cash invested measures 16.07% and rental yield reads 6.2% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 82.37% and total cumulative return in cash totals $62,803. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,189/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.31 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: Jeremiah R Smith • Keller Williams
Mls Name: SOMOMLS
Mls Provider:
Mls ID: #60290513
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