2321 Harbor LndgSpringfieldIL62712
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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 2321 Harbor Lndg, Springfield, IL, 62712 earns from $3,356/mo rent with a $2,447/mo payment. Total monthly income totals $3,356/mo. ROI tracks 19.1% on current figures, and rental yield reads 8.05% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 99.49% and total cumulative return in cash sums $164,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,356/mo property income instead of your personal income.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Thomas L Minor • Real Estate Service & Consult
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037954
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