2811 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
Investment property for sale in Springfield at 2811 Haggard Dr, Springfield, IL, 62711 offers a 8.68% rental yield on a $274,900 purchase with $1,988/mo rent. Total monthly income registers $1,988/mo, and a $1,346/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $981/yr on $91,129 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 109.6% and total cumulative return in cash at $99,879. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,988/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
5,250 sqft lot
$N/A/sqft
No HOA
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Listed by: Cindy E Grady • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035926
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