2041 W Elm StreetSpringfieldMO65806
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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 2041 W Elm Street, Springfield, MO, 65806 listed at $145,000 pairs $1,054/mo rent with a $710/mo payment to leave $151/mo cash flow. Total monthly income runs $1,054/mo, and annual cash flow reaches $1,808/yr on $48,068 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 8.72% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 123.09% and total cumulative return in cash totals $59,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,054/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65806, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,886 (100%) |
| Owner Occupied HU | 808 (10.2%) |
| Renter Occupied HU | 5,857 (74.3%) |
| Vacant Housing Units | 1,221 (15.5%) |
| Median Home Value | $95,000 |
| Average Home Value | $155,909 |
Housing Distribution
Address Breakdown
Residential
7,341
Single Family
5,326
Multi-Family
2,015
Businesses
683
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Listed by: William Smith • Valiant Group Real Estate
Mls Name: SOMOMLS
Mls ID: #60311425