2021 W Melbourne CourtSpringfieldMO65810
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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 2021 W Melbourne Court, Springfield, MO, 65810 offers a 9.09% rental yield on a $284,900 purchase with $2,158/mo rent. Total monthly income registers $2,158/mo, and a $1,394/mo payment leaves $384/mo available for distribution. Annual cash flow reaches $4,610/yr on $94,444 to close, and return on cash invested stands at 24.79% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 129.12% and total cumulative return in cash at $121,943. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,158/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65810, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,139 (100%) |
| Owner Occupied HU | 6,825 (67.3%) |
| Renter Occupied HU | 2,931 (28.9%) |
| Vacant Housing Units | 383 ( 3.8%) |
| Median Home Value | $319,891 |
| Average Home Value | $350,819 |
Housing Distribution
Address Breakdown
Residential
10,108
Single Family
9,400
Multi-Family
708
Businesses
342
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Listed by: Debbie Morrow • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60310295