4509 Turtle Bay, Springfield, IL, 62711 | 5.89% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Springfield at 4509 Turtle Bay, Springfield, IL, 62711 priced at $862,000 converts $4,234/mo rent into after a $4,219/mo obligation. Total monthly income equals $4,234/mo. Return on cash invested prints 12.68% in year one, and rental yield reads 5.89% against a $862,000 entry. Equity gained on principal adds $5,562/yr, while 5% annual appreciation compiles into $238,155 by year five. Five-year ROI reaches 65.03% and total cumulative return in cash sums $184,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,234/mo property income covering a $4,219/mo payment, not borrower’s personal income.

Single Family

Built in 2012

0.37 Acres lot

$N/A/sqft

No HOA