2813 Richardson Dr, Springfield, IL, 62711 | 6.28% Rental Yield

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 2813 Richardson Dr, Springfield, IL, 62711 earns from $4,345/mo rent with a $4,062/mo payment. Total monthly income totals $4,345/mo. ROI tracks 13.86% on current figures, and rental yield reads 6.28% at a $829,900 purchase. Equity gained on principal adds $5,355/yr, and 5% annual appreciation supports $229,286 over five years. Five-year ROI reaches 71.34% and total cumulative return in cash sums $194,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,345/mo property income instead of your personal income.

Single Family

Built in 2023

0.31 Acres lot

$N/A/sqft

No HOA