3039 W Cherokee StreetSpringfieldMO65807
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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 3039 W Cherokee Street, Springfield, MO, 65807 earns $319/mo cash flow from $1,813/mo rent with a $1,174/mo payment. Total monthly income totals $1,813/mo, and annual cash flow totals $3,830/yr on $79,527 capital. ROI tracks 24.72% on current figures, and rental yield reads 9.07% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 128.75% and total cumulative return in cash sums $102,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,813/mo property income instead of your personal income.
Single Family
Built in 1989
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65807, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,767 (100%) |
| Owner Occupied HU | 12,151 (42.2%) |
| Renter Occupied HU | 14,608 (50.8%) |
| Vacant Housing Units | 2,008 ( 7.0%) |
| Median Home Value | $199,856 |
| Average Home Value | $233,654 |
Housing Distribution
Address Breakdown
Residential
26,780
Single Family
23,613
Multi-Family
3,167
Businesses
1,904
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Listed by: William M Meek • Home Team Property
Mls Name: SOMOMLS
Mls ID: #60306514