215 W Kingsbury StreetSpringfieldMO65807
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
Investment Highlights
Rental property for sale in Springfield at 215 W Kingsbury Street, Springfield, MO, 65807 generates $1,581/mo in rent and, after a $1,052/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,581/mo, and annual cash flow is $2,910/yr on $71,239 invested. Return on cash invested sits at 23.99% in year one, and rental yield is 8.83% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash sums $88,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,581/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wem Oaks • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60300898