2809 Haggard 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
Rental property for sale in Springfield at 2809 Haggard Dr, Springfield, IL, 62711 generates $2,611/mo in rent and, after a $1,346/mo payment, leaves $694/mo in cash flow. Total monthly income is $2,611/mo, and annual cash flow is $8,332/yr on $91,129 invested. Return on cash invested sits at 29.05% in year one, and rental yield is 11.4% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 152.92% and total cumulative return in cash sums $139,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,611/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
6,500 sqft lot
$N/A/sqft
$125 annually HOA
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Listed by: Dawn Sunley • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036861
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.