2453 N Albertha AveSpringfieldMO65803
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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 2453 N Albertha Ave, Springfield, MO, 65803 priced at $215,300 converts $1,292/mo rent into after a $1,054/mo obligation. Total monthly income equals $1,292/mo. Return on cash invested prints 19.08% in year one, and rental yield reads 7.2% against a $215,300 entry. Equity gained on principal adds $1,389/yr, while 5% annual appreciation compiles into $59,483 by year five. Five-year ROI reaches 98.46% and total cumulative return in cash sums $70,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,292/mo property income covering a $1,054/mo payment, not borrower’s personal income.
Single Family
Built in 1936
198 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
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Listed by: N/A • N/A
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