2714 E Cherrybark StSpringfieldMO65804
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 2714 E Cherrybark St, Springfield, MO, 65804 priced at $660,200 converts $4,889/mo rent into $403/mo cash flow after a $3,231/mo obligation. Total monthly income equals $4,889/mo, and annual cash flow totals $4,833/yr on $217,206 invested. Return on cash invested prints 22.29% in year one, and rental yield reads 8.89% against a $660,200 entry. Equity gained on principal adds $4,260/yr, while 5% annual appreciation compiles into $182,401 by year five. Five-year ROI reaches 116.35% and total cumulative return in cash sums $252,720. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,889/mo property income covering a $3,231/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.35 Acres lot
$N/A/sqft
$375 monthly 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A