747 S Broadway AvenueSpringfieldMO65806
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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 747 S Broadway Avenue, Springfield, MO, 65806 earns $87/mo cash flow from $1,021/mo rent with a $734/mo payment. Total monthly income totals $1,021/mo, and annual cash flow totals $1,046/yr on $49,692 capital. ROI tracks 22.01% on current figures, and rental yield reads 8.17% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 114.29% and total cumulative return in cash sums $56,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,021/mo property income instead of your personal income.
Single Family
Built in 1917
6,969 sqft 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: Ronald P Hartman • RE/MAX House of Brokers
Mls Name: SOMOMLS
Mls ID: #60308360