3017 Springwood DrSpringfieldIL62712
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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 3017 Springwood Dr, Springfield, IL, 62712 with 5% annual appreciation on a $369,900 basis while $5,384/mo rent supports operations. Total monthly income totals $5,384/mo and a $1,810/mo payment preserves $2,810/mo for cash returns. Annual cash flow comes to $33,725/yr on $122,622 deployed, and return on cash invested reaches 47.41% in year one. Equity gained on principal adds $2,387/yr, and five-year appreciation sums $102,197 alongside rental yield of 17.47%. Five-year ROI measures 251.34% and total cumulative return in cash totals $308,194.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,384/mo property income versus a $1,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.27 Acres lot
$N/A/sqft
$100 annually HOA
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1029251
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