2311 E Meadow DriveSpringfieldMO65804
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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 2311 E Meadow Drive, Springfield, MO, 65804 at $226,000 posts ROI 26.57% with $416/mo cash flow from $1,823/mo rent. Total monthly income equals $1,823/mo, and annual cash flow records $4,988/yr on $74,919 to close. Return on cash invested measures 26.57% and rental yield reads 9.68% at the current $226,000. Equity gained on principal adds $1,458/yr, and 5% annual appreciation supports $62,440 by year five. Five-year ROI prints 138.61% and total cumulative return in cash totals $103,847.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,823/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65804, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,748 (100%) |
| Owner Occupied HU | 10,768 (51.9%) |
| Renter Occupied HU | 8,686 (41.9%) |
| Vacant Housing Units | 1,294 ( 6.2%) |
| Median Home Value | $262,746 |
| Average Home Value | $310,378 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
17,913
Multi-Family
1,578
Businesses
2,252
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Listed by: Loren B Winter • Realty ONE Group Grand
Mls Name: SOMOMLS
Mls ID: #60299330