235 N Lexington AvenueSpringfieldMO65802
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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 235 N Lexington Avenue, Springfield, MO, 65802 offers a 9.19% rental yield on a $174,900 purchase with $1,339/mo rent. Total monthly income registers $1,339/mo, and a $856/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $2,998/yr on $57,979 to close, and return on cash invested stands at 25.08% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 130.64% and total cumulative return in cash at $75,744. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,339/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65802, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,130 (100%) |
| Owner Occupied HU | 11,217 (50.7%) |
| Renter Occupied HU | 9,182 (41.5%) |
| Vacant Housing Units | 1,731 ( 7.8%) |
| Median Home Value | $204,089 |
| Average Home Value | $243,126 |
Housing Distribution
Address Breakdown
Residential
20,853
Single Family
20,101
Multi-Family
752
Businesses
1,497
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Listed by: William Smith • Valiant Group Real Estate
Mls Name: SOMOMLS
Mls ID: #60309223