5055 E Cherry PlaceSpringfieldMO65809
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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 5055 E Cherry Place, Springfield, MO, 65809 uses $109,395 cash to close to unlock $6,588/yr annual cash flow and $549/mo monthly cash flow. Total monthly income runs $2,604/mo, and a $1,615/mo payment keeps the spread at $549/mo. Purchase price stands at $330,000, and rental yield measures 9.47% with $2,604/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 135.16% and total cumulative return in cash records $147,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,604/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10,454 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: Revoir Real Estate Group • EXP Realty LLC
Mls Name: SOMOMLS
Mls ID: #60299273