2581 S Forrest Heights AvenueSpringfieldMO65809
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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 2581 S Forrest Heights Avenue, Springfield, MO, 65809 generates $2,460/mo in rent and, after a $1,855/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,460/mo, and annual cash flow is $1,196/yr on $125,639 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 7.79% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 107.99% and total cumulative return in cash sums $135,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65809, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 4,307 (83.6%) |
| Renter Occupied HU | 597 (11.6%) |
| Vacant Housing Units | 247 ( 4.8%) |
| Median Home Value | $376,234 |
| Average Home Value | $481,565 |
Housing Distribution
Address Breakdown
Residential
5,081
Single Family
4,884
Multi-Family
197
Businesses
105
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Listed by: David Moffis • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60310590