713 S Kickapoo AvenueSpringfieldMO65804
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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 713 S Kickapoo Avenue, Springfield, MO, 65804 offers a 11.13% rental yield on a $365,000 purchase with $3,386/mo rent. Total monthly income registers $3,386/mo, and a $1,786/mo payment leaves $1,113/mo available for distribution. Annual cash flow reaches $13,360/yr on $120,998 to close, and return on cash invested stands at 30.95% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 162.13% and total cumulative return in cash at $196,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,386/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65804, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,748 (100%) |
| Owner Occupied HU | 10,768 (51.9%) |
| Renter Occupied HU | 8,686 (41.9%) |
| Vacant Housing Units | 1,294 ( 6.2%) |
| Median Home Value | $262,746 |
| Average Home Value | $310,378 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
17,913
Multi-Family
1,578
Businesses
2,252
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Listed by: Richard Crabtree • Murney Associates - Primrose
Mls Name: SOMOMLS
Mls ID: #60303929