276 Steury RoadSpringfieldMO65809
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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 276 Steury Road, Springfield, MO, 65809 offers $2,457/mo rent that, after a $1,835/mo payment, leaves $122/mo cash flow. Total monthly income is $2,457/mo, and annual cash flow is $1,464/yr on $124,313 cash. Return on cash invested measures 21.09% in year one, and rental yield stands at 7.86% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 109.19% and total cumulative return in cash reaches $135,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,457/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.25 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: Kirk Hewitt • AMAX Real Estate
Mls Name: SOMOMLS
Mls ID: #60298297