2509 Dickens Dr,Springfield,IL,62711

Investment Highlights

Investment property for sale in Springfield at 2509 Dickens Dr, Springfield, IL, 62711 offers a 9.21% rental yield on a $515,000 purchase with $3,953/mo rent. Total monthly income registers $3,953/mo, and a $2,521/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,588/yr on $169,435 to close, and return on cash invested stands at 22.18% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 116.17% and total cumulative return in cash at $196,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,953/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.