2533 S Sheridan AvenueSpringfieldMO65804
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
Rental property for sale in Springfield at 2533 S Sheridan Avenue, Springfield, MO, 65804 priced at $334,500 converts $2,293/mo rent into $210/mo cash flow after a $1,637/mo obligation. Total monthly income equals $2,293/mo, and annual cash flow totals $2,520/yr on $110,887 invested. Return on cash invested prints 22.18% in year one, and rental yield reads 8.23% against a $334,500 entry. Equity gained on principal adds $2,158/yr, while 5% annual appreciation compiles into $92,416 by year five. Five-year ROI reaches 115.05% and total cumulative return in cash sums $127,579. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,293/mo property income covering a $1,637/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.61 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: Destiny D Rauh • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60303262