Under $200K Investment Properties for Sale in Springfield, MO
345- 4 Bed
- 2 Bath
- 1120 sft
346- 3 Bed
- 2 Bath
- 1596 sft
159- 2 Bed
- 1 Bath
- 1087 sft
349- 3 Bed
- 1 Bath
- 1011 sft
Why Invest in Springfield, Missouri?
Springfield, MO offers strong investment potential in homes under $200k, with affordable entry points for cash-flowing properties. Rental yields average 8-10% due to steady demand from a growing workforce. The city's cap rates around 7% and annual appreciation of 4% make it attractive for long-term holds. Renter-occupied housing at 45% supports reliable income streams. Low vacancy and rising median rents enhance ROI for budget-conscious investors.
Frequently Asked Questions
These properties offer high rental yields around 9% and positive cash flow due to low purchase prices and strong tenant demand. Low vacancy rates and steady appreciation provide reliable returns. Many are move-in ready with updates, minimizing initial rehab costs.
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