803 S Douglas 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
Rental property for sale in Springfield at 803 S Douglas Avenue, Springfield, MO, 65806 priced at $199,500 converts $1,614/mo rent into $372/mo cash flow after a $976/mo obligation. Total monthly income equals $1,614/mo, and annual cash flow totals $4,464/yr on $66,134 invested. Return on cash invested prints 26.66% in year one, and rental yield reads 9.71% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 139.05% and total cumulative return in cash sums $91,963. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,614/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 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: Julia O Zverev • Alpha Realty MO, LLC
Mls Name: SOMOMLS
Mls ID: #60309281