2336 W Lake Shore DrSpringfieldIL62712
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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
Rental property for sale in Springfield at 2336 W Lake Shore Dr, Springfield, IL, 62712 priced at $520,000 pairs $4,442/mo rent with $708/mo cash flow after a $2,545/mo payment. Total monthly income equals $4,442/mo, and annual cash flow comes to $8,500/yr on $171,080 invested. Return on cash invested is 25.03% in year one, and rental yield stands at 10.25% on a $520,000 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,666 by year five. Five-year ROI measures 131.58% and total cumulative return in cash reaches $225,107. For financing, Ziffy Mortgage’s DSCR program evaluates $4,442/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.82 Acres lot
$N/A/sqft
No HOA
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Listed by: KC Sullivan • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035208
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