2376 E Berkeley StSpringfieldMO65804
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2376 E Berkeley St, Springfield, MO, 65804 in Springfield at $325,000 earns $2,196/mo in rent and nets $172/mo after the $1,461/mo payment, a 8.11% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $89,792 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $2,993/yr in principal paydown, total projected return reaches $134,394.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.5% |
| Monthly Cash Flow | $172 | $285 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,196 |
| Total Monthly Debt Service | $1,895 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.40 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
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
Single Family
Built in 1967
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Gold • ReeceNichols - Springfield
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #254671
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.