1960 S Cedarbrook AvenueSpringfieldMO65804
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Springfield rental at 1960 S Cedarbrook Avenue, Springfield, MO, 65804 sits in the solid-income band: 8.46% gross yield, $2,815/mo rent, $327/mo net after the $1,796/mo debt service, DSCR 1.57. Entry price of $399,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $110,374 and $3,679/yr in principal reduction bring total cumulative return to $172,645.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.5% |
| Monthly Cash Flow | $327 | $285 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,815 |
| Total Monthly Debt Service | $2,329 |
| DSCR Ratio | 1.21x |
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 1974
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65804, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,748 (100%) |
| Owner Occupied HU | 10,768 (51.9%) |
| Renter Occupied HU | 8,686 (41.9%) |
| Vacant Housing Units | 1,294 ( 6.2%) |
| Median Home Value | $262,746 |
| Average Home Value | $310,378 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
17,913
Multi-Family
1,578
Businesses
2,252
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 1974
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65804, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,748 (100%) |
| Owner Occupied HU | 10,768 (51.9%) |
| Renter Occupied HU | 8,686 (41.9%) |
| Vacant Housing Units | 1,294 ( 6.2%) |
| Median Home Value | $262,746 |
| Average Home Value | $310,378 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
17,913
Multi-Family
1,578
Businesses
2,252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon E. Logan • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls Provider:
Mls ID: #60276286
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