3810 E Cherry Street #32SpringfieldMO65809
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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 3810 E Cherry Street #32, Springfield, MO, 65809 earns from $2,062/mo rent with a $3,181/mo payment. Total monthly income totals $2,062/mo. ROI tracks 8.92% on current figures, and rental yield reads 3.81% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 43.93% and total cumulative return in cash sums $93,938. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,062/mo property income instead of your personal income.
Single Family
Built in 2024
5,662 sqft 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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Listed by: Holly Stenger • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60309191