1947 S Thelma 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 1947 S Thelma Avenue, Springfield, MO, 65807 listed at $188,000 pairs $1,318/mo rent with a $920/mo payment to leave $147/mo cash flow. Total monthly income runs $1,318/mo, and annual cash flow reaches $1,768/yr on $62,322 cash to close. Return on cash invested measures 22.75% in year one, and rental yield registers 8.41% at a $188,000 basis. Equity gained on principal adds $1,213/yr, and annual property appreciation at 5% supports $51,941 by year five. Five-year ROI tracks 118.14% and total cumulative return in cash totals $73,628. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,318/mo property income relative to a $920/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
9,147 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: Danny Eveler • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60312577