758 N Grant AvenueSpringfieldMO65802
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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 758 N Grant Avenue, Springfield, MO, 65802 priced at $154,900 converts $1,297/mo rent into $332/mo cash flow after a $758/mo obligation. Total monthly income equals $1,297/mo, and annual cash flow totals $3,990/yr on $51,349 invested. Return on cash invested prints 27.68% in year one, and rental yield reads 10.05% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 144.58% and total cumulative return in cash sums $74,240. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,297/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1905
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65802, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,130 (100%) |
| Owner Occupied HU | 11,217 (50.7%) |
| Renter Occupied HU | 9,182 (41.5%) |
| Vacant Housing Units | 1,731 ( 7.8%) |
| Median Home Value | $204,089 |
| Average Home Value | $243,126 |
Housing Distribution
Address Breakdown
Residential
20,853
Single Family
20,101
Multi-Family
752
Businesses
1,497
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Listed by: Brandon C Zacarias • Wiser Living Realty LLC
Mls Name: SOMOMLS
Mls ID: #60312281