3016 S Oak AvenueSpringfieldMO65804
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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
Investment property for sale in Springfield at 3016 S Oak Avenue, Springfield, MO, 65804 at $279,999 posts ROI 20.58% with $52/mo cash flow from $1,795/mo rent. Total monthly income equals $1,795/mo, and annual cash flow records $620/yr on $92,820 to close. Return on cash invested measures 20.58% and rental yield reads 7.69% at the current $279,999. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 106.49% and total cumulative return in cash totals $98,840.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,795/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.25 Acres lot
$N/A/sqft
No 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
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Listed by: Mickie Roy • Alpha Realty MO, LLC
Mls Name: SOMOMLS
Mls ID: #60306417