2454 E Meadow DriveSpringfieldMO65804
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
Investment Highlights
Investment property for sale in Springfield at 2454 E Meadow Drive, Springfield, MO, 65804 earns $1,541/mo cash flow from $4,452/mo rent with a $2,288/mo payment. Total monthly income totals $4,452/mo, and annual cash flow totals $18,488/yr on $154,976 capital. ROI tracks 31.84% on current figures, and rental yield reads 11.43% at a $467,500 purchase. Equity gained on principal adds $3,017/yr, and 5% annual appreciation supports $129,162 over five years. Five-year ROI reaches 166.87% and total cumulative return in cash sums $258,604. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,452/mo property income instead of your personal income.
Single Family
Built in 1980
0.38 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: David Senn • RE/MAX House of Brokers
Mls Name: SOMOMLS
Mls ID: #60304640