4068 E Latoka StreetSpringfieldMO65809
Nearby investment properties with comparable rents
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 4068 E Latoka Street, Springfield, MO, 65809 priced at $352,000 pairs $2,428/mo rent with $236/mo cash flow after a $1,723/mo payment. Total monthly income equals $2,428/mo, and annual cash flow comes to $2,828/yr on $116,688 invested. Return on cash invested is 22.33% in year one, and rental yield stands at 8.28% on a $352,000 basis. Equity gained on principal adds $2,271/yr, and 5% annual appreciation accumulates to $97,251 by year five. Five-year ROI measures 115.89% and total cumulative return in cash reaches $135,234. For financing, Ziffy Mortgage’s DSCR program evaluates $2,428/mo property income against a $1,723/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.25 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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Listed by: Jennifer L Lotz • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60289016