3001 Shadowfax DrSpringfieldIL62707
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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 3001 Shadowfax Dr, Springfield, IL, 62707 priced at $119,900 pairs $922/mo rent with after a $587/mo payment. Total monthly income equals $922/mo. Return on cash invested is 19.88% in year one, and rental yield stands at 9.23% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 104.79% and total cumulative return in cash reaches $41,652. For financing, Ziffy Mortgage’s DSCR program evaluates $922/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
8,140 sqft lot
$N/A/sqft
$320 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62707, Springfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,719 (100%) |
| Owner Occupied HU | 2,884 (77.5%) |
| Renter Occupied HU | 519 (14.0%) |
| Vacant Housing Units | 316 ( 8.5%) |
| Median Home Value | $176,144 |
| Average Home Value | $226,551 |
Housing Distribution
Address Breakdown
Residential
3,314
Single Family
3,314
Multi-Family
0
Businesses
199
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Listed by: Kim Wenda • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034975
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.