2546 W Walnut StreetSpringfieldMO65806
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 2546 W Walnut Street, Springfield, MO, 65806 generates $848/mo in rent and, after a $529/mo payment, leaves $175/mo in cash flow. Total monthly income is $848/mo, and annual cash flow is $2,100/yr on $35,802 invested. Return on cash invested sits at 25.77% in year one, and rental yield is 9.42% on a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 134.33% and total cumulative return in cash sums $48,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $848/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65806, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,886 (100%) |
| Owner Occupied HU | 808 (10.2%) |
| Renter Occupied HU | 5,857 (74.3%) |
| Vacant Housing Units | 1,221 (15.5%) |
| Median Home Value | $95,000 |
| Average Home Value | $155,909 |
Housing Distribution
Address Breakdown
Residential
7,341
Single Family
5,326
Multi-Family
2,015
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rita Carey • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60301226