1606 Woodmore DrSpringfieldIL62711
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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 1606 Woodmore Dr, Springfield, IL, 62711 uses $86,157 cash to close to unlock $676/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $1,859/mo, and a $1,272/mo payment keeps the spread at $56/mo. Purchase price stands at $259,900, and rental yield measures 8.58% with $1,859/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 108.05% and total cumulative return in cash records $93,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,859/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
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Listed by: Bradley Libbra • Keller Williams Capital
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1038839
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 03:03:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)