3529 W Cardinal DriveSpringfieldMO65810
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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 3529 W Cardinal Drive, Springfield, MO, 65810 uses $89,505 cash to close to unlock $4,680/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,072/mo, and a $1,322/mo payment keeps the spread at $390/mo. Purchase price stands at $270,000, and rental yield measures 9.21% with $2,072/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 130.93% and total cumulative return in cash records $117,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,072/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65810, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,139 (100%) |
| Owner Occupied HU | 6,825 (67.3%) |
| Renter Occupied HU | 2,931 (28.9%) |
| Vacant Housing Units | 383 ( 3.8%) |
| Median Home Value | $319,891 |
| Average Home Value | $350,819 |
Housing Distribution
Address Breakdown
Residential
10,108
Single Family
9,400
Multi-Family
708
Businesses
342
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Listed by: Emily I. Johnson • House Theory Realty
Mls Name: SOMOMLS
Mls ID: #60305701