940 E Loren 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
Investment property for sale in Springfield at 940 E Loren Street, Springfield, MO, 65807 uses $44,719 cash to close to unlock $8,450/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $1,544/mo, and a $660/mo payment keeps the spread at $704/mo. Purchase price stands at $134,900, and rental yield measures 13.73% with $1,544/mo rent. Return on cash invested shows 38.8% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 204.33% and total cumulative return in cash records $91,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,544/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1927
7,405 sqft 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: Adam Graddy • Keller Williams
Mls Name: SOMOMLS
Mls ID: #60303968