5955 S Farm Rd 163 UNIT 207SpringfieldMO65810
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
Total monthly income runs $2,630/mo, and a $2,471/mo payment. Purchase price stands at $504,950, and rental yield measures 6.25% with $2,630/mo rent. Return on cash invested shows 13.46% in year one, and 5% annual appreciation builds toward $139,508 over five years. Five-year ROI reaches 69.3% and total cumulative return in cash records $115,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,630/mo property income covering a $2,471/mo payment rather than investor’s personal income.
Condo
Built in 2024
7,623 sqft 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: Michelle Cantrell • Cantrell Real Estate
Mls Name: SOMOMLS
Mls Provider:
Mls ID: #60244148
Disclaimer: The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC. Real estate listings held by Brokerage firms other than Zillow, Inc. are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR that have not been displayed on this site. 2024 Southern Missouri Regional MLS, LLC. All rights reserved. [Click here for more information](/info/mls-disclaimers/#mls_896) The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.