2908 Happy Landing DrSpringfieldIL62711
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2908 Happy Landing Dr, Springfield, IL, 62711 earns $430/mo cash flow from $3,898/mo rent with a $2,447/mo payment. Total monthly income totals $3,898/mo, and annual cash flow totals $5,164/yr on $165,717 capital. ROI tracks 23.03% on current figures, and rental yield reads 9.36% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 120.55% and total cumulative return in cash sums $199,764. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,898/mo property income instead of your personal income.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle T Killebrew • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1039381