Is Springfield, MO a good place to invest in rental property?

Springfield, MO has a median modeled monthly cash flow of $-393 and a median cap rate of 4.5%, on a median sold price of $249,900. Prices changed +1.3% year over year.

What is the average cap rate in Springfield, MO?

The median cap rate across recently sold homes in Springfield, MO is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Springfield, MO?

The median sold price in Springfield, MO is $249,900 (about $157 per square foot).

Investing in Springfield, MO Real Estate

A data-driven snapshot of the Springfield, MO rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$249,900Median sold price

$157Median $/sqft

4.5%Median cap rate

$-393Modeled cash flow / mo

+1.3%Appreciation YoY

7.5Months of supply

2,223Active listings

3,559Sold (last 12 mo)

What the Springfield numbers say

In Springfield, MO, the median home sold for $249,900 (about $157 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-393 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 7.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 25 fix-and-flip deals in Springfield — listings where the estimated after-repair value beats list price + rehab.

Other Missouri markets to compare

See Springfield cash-flowing listings

CashFlowRE ranks every for-sale home in Springfield, MO by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Springfield deals, or browse the national market data.