5955 S Farm Road 163 #202bSpringfieldMO65810
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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 5955 S Farm Road 163 #202b, Springfield, MO, 65810 listed at $429,900 pairs $2,502/mo rent with a $2,104/mo payment. Total monthly income runs $2,502/mo. Return on cash invested measures 18.43% in year one, and rental yield registers 6.98% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 94.98% and total cumulative return in cash totals $135,355. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,502/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
5,248 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
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Listed by: Michelle Cantrell • Cantrell Real Estate
Mls Name: SOMOMLS
Mls ID: #60277516