511 S Duke AvenueSpringfieldMO65802
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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 511 S Duke Avenue, Springfield, MO, 65802 offers a 10.51% rental yield on a $172,900 purchase with $1,514/mo rent. Total monthly income registers $1,514/mo, and a $846/mo payment leaves $437/mo available for distribution. Annual cash flow reaches $5,250/yr on $57,316 to close, and return on cash invested stands at 29.07% in year one. Equity gained on principal adds $1,116/yr while 5% annual appreciation supports $47,769 over five years. Portfolio math shows five-year ROI at 152.05% and total cumulative return in cash at $87,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,514/mo property income against a $846/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65802, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,130 (100%) |
| Owner Occupied HU | 11,217 (50.7%) |
| Renter Occupied HU | 9,182 (41.5%) |
| Vacant Housing Units | 1,731 ( 7.8%) |
| Median Home Value | $204,089 |
| Average Home Value | $243,126 |
Housing Distribution
Address Breakdown
Residential
20,853
Single Family
20,101
Multi-Family
752
Businesses
1,497
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Listed by: Faunlee Harle • AMAX Real Estate
Mls Name: SOMOMLS
Mls ID: #60312214