21 Red Oak Ln,Springfield,IL,62712

Investment Highlights

Investment property for sale in Springfield at 21 Red Oak Ln, Springfield, IL, 62712 listed at $259,900 pairs $1,806/mo rent with a $1,272/mo payment to leave $3/mo cash flow. Total monthly income runs $1,806/mo, and annual cash flow reaches $40/yr on $86,157 cash to close. Return on cash invested measures 19.96% in year one, and rental yield registers 8.34% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 104.1% and total cumulative return in cash totals $89,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,806/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).