3504 Hoylake Dr, Springfield, IL, 62712 | $686/mo Cash Flow

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2354 sft

301 Hodges Ct, Chatham, IL, 62629

4 Bed
3 Bath
3509 sft

2716 Killarney Rd, Springfield, IL, 62711

5 Bed
3 Bath
2027 sft

5324 River View Rd, Riverton, IL, 62561

3 Bed
2 Bath
1933 sft

52 Squires Rd, Springfield, IL, 62704

Nearby investment properties with comparable prices

4 Bed
2 Bath
2125 sft

25 Kirkwood St, Chatham, IL, 62629

3 Bed
3 Bath
1883 sft

197 Joan Dr, Divernon, IL, 62530

4 Bed
3 Bath
2845 sft

34 N Wind Ln, Cantrall, IL, 62625

3 Bed
2 Bath
1728 sft

23171 Beulah Dr, Athens, IL, 62613

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Springfield at 3504 Hoylake Dr, Springfield, IL, 62712 uses $91,129 cash to close to unlock $8,229/yr annual cash flow and $686/mo monthly cash flow. Total monthly income runs $2,592/mo, and a $1,346/mo payment keeps the spread at $686/mo. Purchase price stands at $274,900, and rental yield measures 11.31% with $2,592/mo rent. Return on cash invested shows 28.94% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 152.25% and total cumulative return in cash records $138,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,592/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 2005

N/A lot

$N/A/sqft

No HOA