2 Beacon Ridge Dr,Springfield,IL,62711

Investment Highlights

Investment property for sale in Springfield at 2 Beacon Ridge Dr, Springfield, IL, 62711 offers a 10.03% rental yield on a $395,000 purchase with $3,303/mo rent. Total monthly income registers $3,303/mo, and a $1,933/mo payment leaves $564/mo available for distribution. Annual cash flow reaches $6,762/yr on $130,943 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 131.52% and total cumulative return in cash at $172,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,303/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.