833 N Nettleton AvenueSpringfieldMO65802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 833 N Nettleton Avenue, Springfield, MO, 65802 priced at $135,900 converts $924/mo rent into $78/mo cash flow after a $665/mo obligation. Total monthly income equals $924/mo, and annual cash flow totals $934/yr on $45,051 invested. Return on cash invested prints 21.98% in year one, and rental yield reads 8.16% against a $135,900 entry. Equity gained on principal adds $877/yr, while 5% annual appreciation compiles into $37,547 by year five. Five-year ROI reaches 113.99% and total cumulative return in cash sums $51,355. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $924/mo property income covering a $665/mo payment, not borrower’s personal income.
Single Family
Built in 1929
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James R. Baker, II • Coming Home Real Estate
Mls Name: SOMOMLS
Mls ID: #60304988