5309 Turnstone RdSpringfieldIL62711
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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 5309 Turnstone Rd, Springfield, IL, 62711 listed at $349,900 pairs $3,210/mo rent with a $1,713/mo payment to leave $783/mo cash flow. Total monthly income runs $3,210/mo, and annual cash flow reaches $9,391/yr on $115,992 cash to close. Return on cash invested measures 28.01% in year one, and rental yield registers 11.01% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 147.25% and total cumulative return in cash totals $170,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,210/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,100 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: N/A • N/A
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