5493 E Wild Horse DrSpringfieldMO65802
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Springfield rental at 5493 E Wild Horse Dr, Springfield, MO, 65802 sits in the solid-income band: 9.43% gross yield, $3,340/mo rent, $638/mo net after the $1,911/mo debt service, DSCR 1.75. Entry price of $424,995 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $117,418 and $3,914/yr in principal reduction bring total cumulative return to $202,569.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $638 | $285 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,340 |
| Total Monthly Debt Service | $2,533 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$55 monthly 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
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
Single Family
Built in 2024
N/A lot
$N/A/sqft
$55 monthly 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: N/A • Trendsetter Homes
Mls Name: Trendsetter Homes
Mls ID: #N/A