2315 Chesapeake Lndg, Springfield, IL, 62712 | $918/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Springfield at 2315 Chesapeake Lndg, Springfield, IL, 62712 generates $4,379/mo in rent and, after a $2,442/mo payment, leaves $918/mo in cash flow. Total monthly income is $4,379/mo, and annual cash flow is $11,018/yr on $165,419 invested. Return on cash invested sits at 26.57% in year one, and rental yield is 10.53% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 139.56% and total cumulative return in cash sums $230,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,379/mo property income rather than buyer’s personal income.

Single Family

Built in 1992

0.30 Acres lot

$N/A/sqft

No HOA