841 W Primrose StreetSpringfieldMO65807
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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 841 W Primrose Street, Springfield, MO, 65807 offers $3,165/mo rent that, after a $2,055/mo payment, leaves $550/mo cash flow. Total monthly income is $3,165/mo, and annual cash flow is $6,602/yr on $139,197 cash. Return on cash invested measures 24.65% in year one, and rental yield stands at 9.05% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 128.35% and total cumulative return in cash reaches $178,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,165/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65807, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,767 (100%) |
| Owner Occupied HU | 12,151 (42.2%) |
| Renter Occupied HU | 14,608 (50.8%) |
| Vacant Housing Units | 2,008 ( 7.0%) |
| Median Home Value | $199,856 |
| Average Home Value | $233,654 |
Housing Distribution
Address Breakdown
Residential
26,780
Single Family
23,613
Multi-Family
3,167
Businesses
1,904
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Listed by: Elevate Real Estate Group • Alpha Realty MO, LLC
Mls Name: SOMOMLS
Mls ID: #60306281