3440 S Delaware Avenue #163SpringfieldMO65804
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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 3440 S Delaware Avenue #163, Springfield, MO, 65804 earns $610/mo cash flow from $2,104/mo rent with a $1,174/mo payment. Total monthly income totals $2,104/mo, and annual cash flow totals $7,322/yr on $79,527 capital. ROI tracks 29.12% on current figures, and rental yield reads 10.52% 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 152.32% and total cumulative return in cash sums $121,135. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,104/mo property income instead of your personal income.
Condo
Built in 1984
N/A 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: Jim L Colton • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60305834