3810 E Knollwood DriveSpringfieldMO65721
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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 3810 E Knollwood Drive, Springfield, MO, 65721 priced at $1,350,000 converts $5,660/mo rent into after a $6,608/mo obligation. Total monthly income equals $5,660/mo. Return on cash invested prints 12.83% in year one, and rental yield reads 5.03% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 64.83% and total cumulative return in cash sums $283,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,660/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65721, Ozark, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,898 (100%) |
| Owner Occupied HU | 9,666 (69.5%) |
| Renter Occupied HU | 3,625 (26.1%) |
| Vacant Housing Units | 607 ( 4.4%) |
| Median Home Value | $324,461 |
| Average Home Value | $382,687 |
Housing Distribution
Address Breakdown
Residential
13,509
Single Family
13,465
Multi-Family
44
Businesses
1,103
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Listed by: Amber Munnik • RE/MAX House of Brokers
Mls Name: SOMOMLS
Mls ID: #60312528