520 S Troy AvenueSpringfieldMO65802
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 520 S Troy Avenue, Springfield, MO, 65802 priced at $234,000 converts $1,740/mo rent into $283/mo cash flow after a $1,145/mo obligation. Total monthly income equals $1,740/mo, and annual cash flow totals $3,396/yr on $77,571 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 8.92% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 126.36% and total cumulative return in cash sums $98,019. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,189 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brent Cantrell • Cantrell Real Estate
Mls Name: SOMOMLS
Mls ID: #60303333