702 S Thornridge DriveSpringfieldMO65809
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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 702 S Thornridge Drive, Springfield, MO, 65809 listed at $700,000 pairs $2,431/mo rent with a $3,426/mo payment. Total monthly income runs $2,431/mo. Return on cash invested measures 10.01% in year one, and rental yield registers 4.17% at a $700,000 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 49.79% and total cumulative return in cash totals $114,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,431/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65809, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 4,307 (83.6%) |
| Renter Occupied HU | 597 (11.6%) |
| Vacant Housing Units | 247 ( 4.8%) |
| Median Home Value | $376,234 |
| Average Home Value | $481,565 |
Housing Distribution
Address Breakdown
Residential
5,081
Single Family
4,884
Multi-Family
197
Businesses
105
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Listed by: Jamie Aton • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60303518