514 E Meadowmere StreetSpringfieldMO65807
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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 514 E Meadowmere Street, Springfield, MO, 65807 at $175,000 posts ROI 25.86% with $288/mo cash flow from $1,378/mo rent. Total monthly income equals $1,378/mo, and annual cash flow records $3,452/yr on $58,013 to close. Return on cash invested measures 25.86% and rental yield reads 9.45% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 134.82% and total cumulative return in cash totals $78,211.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,378/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65807, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,767 (100%) |
| Owner Occupied HU | 12,151 (42.2%) |
| Renter Occupied HU | 14,608 (50.8%) |
| Vacant Housing Units | 2,008 ( 7.0%) |
| Median Home Value | $199,856 |
| Average Home Value | $233,654 |
Housing Distribution
Address Breakdown
Residential
26,780
Single Family
23,613
Multi-Family
3,167
Businesses
1,904
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Listed by: Wem Oaks • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60302442