10 The ElmsSpringfieldIL62712
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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 10 The Elms, Springfield, IL, 62712 with 5% annual appreciation on a $975,000 basis while $1,953/mo rent supports operations. 07% in year one. Equity gained on principal adds $6,292/yr, and five-year appreciation sums $269,375 alongside rental yield of 2.4%. Five-year ROI measures 8.12% and total cumulative return in cash totals $26,055. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,953/mo property income versus a $4,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.88 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Melissa D Vorreyer • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037188
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