2919 Meadowbrook Rd #13SpringfieldIL62711
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2919 Meadowbrook Rd #13, Springfield, IL, 62711 in Springfield is capital appreciation. Rental yield 0%. The 0% gross yield at $224,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $61,887 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.2% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Springfield market data in our database. Property projections are estimates.
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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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
Condo
Built in 2004
N/A lot
$N/A/sqft
$100 monthly HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Shelly Burnett • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035694
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