615 E Pacific StreetSpringfieldMO65803
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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 615 E Pacific Street, Springfield, MO, 65803 with 5% annual appreciation on a $109,000 basis while $830/mo rent supports operations. Total monthly income totals $830/mo and a $534/mo payment preserves $151/mo for cash returns. Annual cash flow comes to $1,808/yr on $36,134 deployed, and return on cash invested reaches 24.91% in year one. Equity gained on principal adds $703/yr, and five-year appreciation sums $30,115 alongside rental yield of 9.14%. Five-year ROI measures 129.75% and total cumulative return in cash totals $46,882.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $830/mo property income versus a $534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1931
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
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Listed by: Holt Homes Group • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60303704