2812 Rutherford TrekSpringfieldIL62711
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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 2812 Rutherford Trek, Springfield, IL, 62711 priced at $450,000 pairs $3,536/mo rent with $375/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,536/mo, and annual cash flow comes to $4,498/yr on $149,175 invested. Return on cash invested is 22.92% in year one, and rental yield stands at 9.43% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 120.1% and total cumulative return in cash reaches $179,166. For financing, Ziffy Mortgage’s DSCR program evaluates $3,536/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: Kaye Brittin • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034921
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.