840 E Gaslight DriveSpringfieldMO65810
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
Investment property for sale in Springfield at 840 E Gaslight Drive, Springfield, MO, 65810 at $475,000 posts ROI 27.3% with $970/mo cash flow from $3,928/mo rent. Total monthly income equals $3,928/mo, and annual cash flow records $11,636/yr on $157,463 to close. Return on cash invested measures 27.3% and rental yield reads 9.92% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 142.51% and total cumulative return in cash totals $224,407.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,928/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65810, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,139 (100%) |
| Owner Occupied HU | 6,825 (67.3%) |
| Renter Occupied HU | 2,931 (28.9%) |
| Vacant Housing Units | 383 ( 3.8%) |
| Median Home Value | $319,891 |
| Average Home Value | $350,819 |
Housing Distribution
Address Breakdown
Residential
10,108
Single Family
9,400
Multi-Family
708
Businesses
342
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Listed by: Michelle Cantrell • Cantrell Real Estate
Mls Name: SOMOMLS
Mls ID: #60313032