903 E Gaslight DriveSpringfieldMO65810
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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 903 E Gaslight Drive, Springfield, MO, 65810 generates $3,582/mo in rent and, after a $2,569/mo payment, leaves $313/mo in cash flow. Total monthly income is $3,582/mo, and annual cash flow is $3,758/yr on $172,692 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 8.19% on a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 115.35% and total cumulative return in cash sums $199,201. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,582/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.26 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: Heath Jech • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60312266