2323 W Walnut 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 2323 W Walnut Street, Springfield, MO, 65806 uses $49,692 cash to close to unlock $374/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $965/mo, and a $734/mo payment keeps the spread at $31/mo. Purchase price stands at $149,900, and rental yield measures 7.73% with $965/mo rent. Return on cash invested shows 20.66% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 107.02% and total cumulative return in cash records $53,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $965/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1936
8,276 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: Preston Stoll • PB Realty
Mls Name: SOMOMLS
Mls ID: #60309782