685 W Highland StreetSpringfieldMO65807
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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 685 W Highland Street, Springfield, MO, 65807 priced at $210,000 pairs $1,661/mo rent with $353/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,661/mo, and annual cash flow comes to $4,236/yr on $69,615 invested. Return on cash invested is 25.99% in year one, and rental yield stands at 9.49% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 135.51% and total cumulative return in cash reaches $94,336. For financing, Ziffy Mortgage’s DSCR program evaluates $1,661/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65807, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,767 (100%) |
| Owner Occupied HU | 12,151 (42.2%) |
| Renter Occupied HU | 14,608 (50.8%) |
| Vacant Housing Units | 2,008 ( 7.0%) |
| Median Home Value | $199,856 |
| Average Home Value | $233,654 |
Housing Distribution
Address Breakdown
Residential
26,780
Single Family
23,613
Multi-Family
3,167
Businesses
1,904
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Listed by: Stacy Ulmer-Hicks • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60302222