3805 Sugar Loaf 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
Rental property for sale in Springfield at 3805 Sugar Loaf Dr, Springfield, IL, 62711 offers $2,442/mo rent that, after a $1,615/mo payment, leaves $153/mo cash flow. Total monthly income is $2,442/mo, and annual cash flow is $1,841/yr on $109,362 cash. Return on cash invested measures 21.59% in year one, and rental yield stands at 8.88% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 112.86% and total cumulative return in cash reaches $123,423. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,442/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,120 sqft lot
$N/A/sqft
No HOA
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Listed by: Nicholas Campo • Campo Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035659
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