30 Providence LnSpringfieldIL62711
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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
Investment property for sale in Springfield at 30 Providence Ln, Springfield, IL, 62711 at $230,000 posts ROI 29.45% with $606/mo cash flow from $2,202/mo rent. Total monthly income equals $2,202/mo, and annual cash flow records $7,277/yr on $76,245 to close. Return on cash invested measures 29.45% and rental yield reads 11.49% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 155.04% and total cumulative return in cash totals $118,207.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,202/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
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Listed by: Dominic Campo • Campo Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034583
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.