5114 S Forest CourtSpringfieldMO65810
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
Investment property for sale in Springfield at 5114 S Forest Court, Springfield, MO, 65810 uses $120,998 cash to close to unlock $1,120/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,786/mo payment keeps the spread at $93/mo. Purchase price stands at $365,000, and rental yield measures 7.78% with $2,366/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 107.88% and total cumulative return in cash records $130,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65810, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,139 (100%) |
| Owner Occupied HU | 6,825 (67.3%) |
| Renter Occupied HU | 2,931 (28.9%) |
| Vacant Housing Units | 383 ( 3.8%) |
| Median Home Value | $319,891 |
| Average Home Value | $350,819 |
Housing Distribution
Address Breakdown
Residential
10,108
Single Family
9,400
Multi-Family
708
Businesses
342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Stewart • Alpha Realty MO, LLC
Mls Name: SOMOMLS
Mls ID: #60309190