623 W Walnut #206SpringfieldMO65806
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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 623 W Walnut #206, Springfield, MO, 65806 earns $529/mo cash flow from $1,681/mo rent with a $905/mo payment. Total monthly income totals $1,681/mo, and annual cash flow totals $6,352/yr on $61,328 capital. ROI tracks 30.27% on current figures, and rental yield reads 10.9% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 158.5% and total cumulative return in cash sums $97,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,681/mo property income instead of your personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65806, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,886 (100%) |
| Owner Occupied HU | 808 (10.2%) |
| Renter Occupied HU | 5,857 (74.3%) |
| Vacant Housing Units | 1,221 (15.5%) |
| Median Home Value | $95,000 |
| Average Home Value | $155,909 |
Housing Distribution
Address Breakdown
Residential
7,341
Single Family
5,326
Multi-Family
2,015
Businesses
683
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Listed by: Brent Cantrell • Cantrell Real Estate
Mls Name: SOMOMLS
Mls ID: #60311689