3611 W Madison StreetSpringfieldMO65802
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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
Rental property for sale in Springfield at 3611 W Madison Street, Springfield, MO, 65802 offers $1,464/mo rent that, after a $1,077/mo payment, leaves $94/mo cash flow. Total monthly income is $1,464/mo, and annual cash flow is $1,124/yr on $72,930 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 7.99% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 111.16% and total cumulative return in cash reaches $81,071. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,464/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65802, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,130 (100%) |
| Owner Occupied HU | 11,217 (50.7%) |
| Renter Occupied HU | 9,182 (41.5%) |
| Vacant Housing Units | 1,731 ( 7.8%) |
| Median Home Value | $204,089 |
| Average Home Value | $243,126 |
Housing Distribution
Address Breakdown
Residential
20,853
Single Family
20,101
Multi-Family
752
Businesses
1,497
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Nearby investment properties with comparable prices
Listed by: Langston Group • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls Provider:
Mls ID: #60290432
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