6405 Willow Springs RdSpringfieldIL62712
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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 6405 Willow Springs Rd, Springfield, IL, 62712 offers a 16.69% rental yield on a $335,000 purchase with $4,660/mo rent. Total monthly income registers $4,660/mo, and a $1,640/mo payment leaves $2,164/mo available for distribution. Annual cash flow reaches $25,968/yr on $111,053 to close, and return on cash invested stands at 43.29% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 229.88% and total cumulative return in cash at $255,284. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,660/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.34 Acres lot
$N/A/sqft
$85 annually HOA
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Listed by: Melissa D Vorreyer • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036844
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.