3706 Westgate DrSpringfieldIL62711
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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 3706 Westgate Dr, Springfield, IL, 62711 listed at $412,000 pairs $3,640/mo rent with a $2,017/mo payment to leave $782/mo cash flow. Total monthly income runs $3,640/mo, and annual cash flow reaches $9,382/yr on $136,578 cash to close. Return on cash invested measures 26.78% in year one, and rental yield registers 10.6% at a $412,000 basis. Equity gained on principal adds $2,659/yr, and annual property appreciation at 5% supports $113,828 by year five. Five-year ROI tracks 140.65% and total cumulative return in cash totals $192,099. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,640/mo property income relative to a $2,017/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
10,788 sqft lot
$N/A/sqft
No HOA
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Listed by: Mindy Pusch • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1039282
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.