3444 S Forestdale StreetSpringfieldMO65809
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
Investment property for sale in Springfield at 3444 S Forestdale Street, Springfield, MO, 65809 uses $140,854 cash to close to unlock $11,538/yr annual cash flow and $961/mo monthly cash flow. Total monthly income runs $3,608/mo, and a $2,080/mo payment keeps the spread at $961/mo. Purchase price stands at $424,900, and rental yield measures 10.19% with $3,608/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 146.82% and total cumulative return in cash records $206,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,608/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tre Scoggins • Alpha Realty MO, LLC
Mls Name: SOMOMLS
Mls ID: #60303616