3120 Red Bud Ln, Springfield, IL, 62712 | $723/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springfield at 3120 Red Bud Ln, Springfield, IL, 62712 uses $91,129 cash to close to unlock $8,673/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $2,629/mo, and a $1,346/mo payment keeps the spread at $723/mo. Purchase price stands at $274,900, and rental yield measures 11.48% with $2,629/mo rent. Return on cash invested shows 29.43% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 154.86% and total cumulative return in cash records $141,123. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,629/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 1989

0.26 Acres lot

$N/A/sqft

No HOA