623 E Weaver RoadSpringfieldMO65810
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
Rental property for sale in Springfield at 623 E Weaver Road, Springfield, MO, 65810 offers $3,030/mo rent that, after a $2,838/mo payment. Total monthly income is $3,030/mo. Return on cash invested measures 16.4% in year one, and rental yield stands at 6.27% at a $579,900 entry. Equity gained on principal adds $3,742/yr while 5% annual appreciation compounds into $160,216 by year five. Five-year ROI records 84.06% and total cumulative return in cash reaches $160,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,030/mo property income versus a $2,838/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
2.78 Acres 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: Kathryn Cole • Southwest Missouri Realty
Mls Name: SOMOMLS
Mls ID: #60298896