2919 Meadowbrook Rd #13SpringfieldIL62711
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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 2919 Meadowbrook Rd #13, Springfield, IL, 62711 generates $0/mo in rent, after a $1,096/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -6.81% in year one, and rental yield is 0% on a $224,000 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation builds toward $61,887 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$100 monthly HOA
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No similar rental properties found nearby.
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Listed by: Shelly Burnett • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035694
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