2440 S Westwood AvenueSpringfieldMO65807
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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
Rental property for sale in Springfield at 2440 S Westwood Avenue, Springfield, MO, 65807 generates $1,118/mo in rent and, after a $710/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,118/mo, and annual cash flow is $2,576/yr on $48,068 invested. Return on cash invested sits at 25.27% in year one, and rental yield is 9.25% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 131.68% and total cumulative return in cash sums $63,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,118/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65807, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,767 (100%) |
| Owner Occupied HU | 12,151 (42.2%) |
| Renter Occupied HU | 14,608 (50.8%) |
| Vacant Housing Units | 2,008 ( 7.0%) |
| Median Home Value | $199,856 |
| Average Home Value | $233,654 |
Housing Distribution
Address Breakdown
Residential
26,780
Single Family
23,613
Multi-Family
3,167
Businesses
1,904
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Listed by: Holt Homes Group • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60306533