669 E Grayrock PlaceSpringfieldMO65810
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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
Rental property for sale in Springfield at 669 E Grayrock Place, Springfield, MO, 65810 priced at $400,000 pairs $3,455/mo rent with $964/mo cash flow after a $1,958/mo payment. Total monthly income equals $3,455/mo, and annual cash flow comes to $11,564/yr on $132,600 invested. Return on cash invested is 28.63% in year one, and rental yield stands at 10.37% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 149.67% and total cumulative return in cash reaches $198,460. For financing, Ziffy Mortgage’s DSCR program evaluates $3,455/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.35 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
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Listed by: Laura L. Duckworth • EXP Realty LLC
Mls Name: SOMOMLS
Mls ID: #60308266