700 Kirkwood DrSpringfieldIL62712
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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 700 Kirkwood Dr, Springfield, IL, 62712 listed at $640,000 pairs $1,496/mo rent with a $3,132/mo payment. Total monthly income runs $1,496/mo. Return on cash invested measures 3.29% in year one, and rental yield registers 2.8% at a $640,000 basis. Equity gained on principal adds $4,130/yr, and annual property appreciation at 5% supports $176,820 by year five. Five-year ROI tracks 14.69% and total cumulative return in cash totals $30,930. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,496/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
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Listed by: Julie Davis • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036812
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