334 Spring Lake Rd,Millstadt,IL,62260

Investment Highlights

Investment property for sale in Millstadt at 334 Spring Lake Rd, Millstadt, IL, 62260 listed at $574,900 pairs $3,469/mo rent with a $2,814/mo payment. Total monthly income runs $3,469/mo. Return on cash invested measures 16.77% in year one, and rental yield registers 7.24% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 86.97% and total cumulative return in cash totals $164,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,469/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).