2708 N Fremont 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 2708 N Fremont Ave, Springfield, MO, 65803 generates $1,118/mo in rent and, after a $537/mo payment, leaves $435/mo in cash flow. Total monthly income is $1,118/mo, and annual cash flow is $5,217/yr on $36,366 invested. Return on cash invested sits at 34.25% in year one, and rental yield is 12.23% on a $109,700 entry. Equity gained on principal adds $708/yr, while 5% annual appreciation builds toward $30,308 over five years. Five-year ROI reaches 179.88% and total cumulative return in cash sums $65,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,118/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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
Mls Name: Zillow Rentals
Mls ID: #N/A