7112 Preston DrSpringfieldIL62711
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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 7112 Preston Dr, Springfield, IL, 62711 at $274,900 posts ROI 21.26% with $103/mo cash flow from $2,030/mo rent. Total monthly income equals $2,030/mo, and annual cash flow records $1,235/yr on $91,129 to close. Return on cash invested measures 21.26% and rental yield reads 8.86% at the current $274,900. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 by year five. Five-year ROI prints 111.18% and total cumulative return in cash totals $101,319.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,030/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
7,405 sqft lot
$N/A/sqft
$250 annually HOA
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Listed by: Robert T Hendrickson • Coldwell Banker Cornerstone
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036008
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.