2328 S Celebration AvenueSpringfieldMO65809
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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 2328 S Celebration Avenue, Springfield, MO, 65809 offers a 8.61% rental yield on a $699,900 purchase with $5,022/mo rent. Total monthly income registers $5,022/mo, and a $3,426/mo payment leaves $663/mo available for distribution. Annual cash flow reaches $7,954/yr on $230,267 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 122.19% and total cumulative return in cash at $281,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,022/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.32 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
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Listed by: Team Serrano • Assist 2 Sell
Mls Name: SOMOMLS
Mls ID: #60307502