3550 E Cherry StSpringfieldMO65809
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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 3550 E Cherry St, Springfield, MO, 65809 with 5% annual appreciation on a $426,700 basis while $2,953/mo rent supports operations. Total monthly income totals $2,953/mo and a $2,088/mo payment preserves $296/mo for cash returns. Annual cash flow comes to $3,553/yr on $141,451 deployed, and return on cash invested reaches 22.42% in year one. Equity gained on principal adds $2,753/yr, and five-year appreciation sums $117,889 alongside rental yield of 8.3%. Five-year ROI measures 116.38% and total cumulative return in cash totals $164,627.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,953/mo property income versus a $2,088/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
1.00 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
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