2505 Shadow Chaser 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 2505 Shadow Chaser Dr, Springfield, IL, 62711 uses $112,710 cash to close to unlock $8,499/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $3,103/mo, and a $1,664/mo payment keeps the spread at $708/mo. Purchase price stands at $340,000, and rental yield measures 10.95% with $3,103/mo rent. Return on cash invested shows 27.45% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 144.43% and total cumulative return in cash records $162,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,103/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1038301
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