508 Tecumseh TrlSpringfieldIL62711
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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 508 Tecumseh Trl, Springfield, IL, 62711 generates $2,878/mo in rent and, after a $1,762/mo payment, leaves $376/mo in cash flow. Total monthly income is $2,878/mo, and annual cash flow is $4,509/yr on $119,307 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.6% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash sums $148,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,878/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.30 Acres lot
$N/A/sqft
$65 annually HOA
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Listed by: Dawn Sunley • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037691
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.