2702 Covered Wagon Trl, Springfield, IL, 62711 | $1,014/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springfield at 2702 Covered Wagon Trl, Springfield, IL, 62711 uses $112,677 cash to close to unlock $12,168/yr annual cash flow and $1,014/mo monthly cash flow. Total monthly income runs $3,372/mo, and a $1,664/mo payment keeps the spread at $1,014/mo. Purchase price stands at $339,900, and rental yield measures 11.9% with $3,372/mo rent. Return on cash invested shows 30.71% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 161.77% and total cumulative return in cash records $182,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,372/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Single Family

Built in 2016

N/A lot

$N/A/sqft

No HOA