3330 Stanton StSpringfieldIL62703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3330 Stanton St, Springfield, IL, 62703 uses $46,410 cash to close to unlock $1,850/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $685/mo payment keeps the spread at $154/mo. Purchase price stands at $140,000, and rental yield measures 9.64% with $1,125/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 125.27% and total cumulative return in cash records $58,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62703, Springfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,796 (100%) |
| Owner Occupied HU | 6,719 (48.7%) |
| Renter Occupied HU | 5,111 (37.0%) |
| Vacant Housing Units | 1,966 (14.3%) |
| Median Home Value | $106,497 |
| Average Home Value | $153,646 |
Housing Distribution
Address Breakdown
Residential
12,927
Single Family
11,565
Multi-Family
1,362
Businesses
1,237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A