523 S New AveSpringfieldMO65806
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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 523 S New Ave, Springfield, MO, 65806 priced at $126,600 pairs $1,186/mo rent with $397/mo cash flow after a $620/mo payment. Total monthly income equals $1,186/mo, and annual cash flow comes to $4,766/yr on $41,968 invested. Return on cash invested is 31.27% in year one, and rental yield stands at 11.24% on a $126,600 basis. Equity gained on principal adds $817/yr, and 5% annual appreciation accumulates to $34,977 by year five. Five-year ROI measures 163.9% and total cumulative return in cash reaches $68,787. For financing, Ziffy Mortgage’s DSCR program evaluates $1,186/mo property income against a $620/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1906
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65806, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,886 (100%) |
| Owner Occupied HU | 808 (10.2%) |
| Renter Occupied HU | 5,857 (74.3%) |
| Vacant Housing Units | 1,221 (15.5%) |
| Median Home Value | $95,000 |
| Average Home Value | $155,909 |
Housing Distribution
Address Breakdown
Residential
7,341
Single Family
5,326
Multi-Family
2,015
Businesses
683
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Listed by: N/A • N/A
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