1924 S Hampton AvenueSpringfieldMO65807
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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 1924 S Hampton Avenue, Springfield, MO, 65807 uses $49,725 cash to close to unlock $4,104/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $1,276/mo, and a $734/mo payment keeps the spread at $342/mo. Purchase price stands at $150,000, and rental yield measures 10.21% with $1,276/mo rent. Return on cash invested shows 28.16% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 147.15% and total cumulative return in cash records $73,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,276/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1938
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65807, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,767 (100%) |
| Owner Occupied HU | 12,151 (42.2%) |
| Renter Occupied HU | 14,608 (50.8%) |
| Vacant Housing Units | 2,008 ( 7.0%) |
| Median Home Value | $199,856 |
| Average Home Value | $233,654 |
Housing Distribution
Address Breakdown
Residential
26,780
Single Family
23,613
Multi-Family
3,167
Businesses
1,904
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Listed by: Adam Graddy • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60309318