3741 N Delaware AveSpringfieldMO65803
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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
Rental property for sale in Springfield at 3741 N Delaware Ave, Springfield, MO, 65803 priced at $289,600 pairs $2,065/mo rent with $259/mo cash flow after a $1,417/mo payment. Total monthly income equals $2,065/mo, and annual cash flow comes to $3,106/yr on $96,002 invested. Return on cash invested is 23.14% in year one, and rental yield stands at 8.56% on a $289,600 basis. Equity gained on principal adds $1,869/yr, and 5% annual appreciation accumulates to $80,011 by year five. Five-year ROI measures 120.26% and total cumulative return in cash reaches $115,451. For financing, Ziffy Mortgage’s DSCR program evaluates $2,065/mo property income against a $1,417/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.28 Acres lot
$N/A/sqft
$3 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
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Listed by: N/A • N/A
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