1976 N Citation AvenueSpringfieldMO65802
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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
Rental property for sale in Springfield at 1976 N Citation Avenue, Springfield, MO, 65802 generates $3,650/mo in rent and, after a $2,668/mo payment, leaves $255/mo in cash flow. Total monthly income is $3,650/mo, and annual cash flow is $3,064/yr on $179,305 invested. Return on cash invested sits at 21.77% in year one, and rental yield is 8.04% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 112.85% and total cumulative return in cash sums $202,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,650/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.25 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: Catie Woolard • ReeceNichols - Springfield
Mls Name: SOMOMLS
Mls ID: #60308402