220 Steury RoadSpringfieldMO65809
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
Investment property for sale in Springfield at 220 Steury Road, Springfield, MO, 65809 uses $124,313 cash to close to unlock $8,004/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $3,002/mo, and a $1,835/mo payment keeps the spread at $667/mo. Purchase price stands at $375,000, and rental yield measures 9.61% with $3,002/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 137.4% and total cumulative return in cash records $170,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,002/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65809, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 4,307 (83.6%) |
| Renter Occupied HU | 597 (11.6%) |
| Vacant Housing Units | 247 ( 4.8%) |
| Median Home Value | $376,234 |
| Average Home Value | $481,565 |
Housing Distribution
Address Breakdown
Residential
5,081
Single Family
4,884
Multi-Family
197
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Bain • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60303376