2501 Kipling DrSpringfieldIL62711
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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 2501 Kipling Dr, Springfield, IL, 62711 listed at $510,000 pairs $3,071/mo rent with a $2,496/mo payment. Total monthly income runs $3,071/mo. Return on cash invested measures 16.65% in year one, and rental yield registers 7.23% at a $510,000 basis. Equity gained on principal adds $3,291/yr, and annual property appreciation at 5% supports $140,904 by year five. Five-year ROI tracks 86.37% and total cumulative return in cash totals $144,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,071/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.36 Acres lot
$N/A/sqft
$120 annually HOA
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Listed by: Amna Abid • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1038511
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.