7971 Mechanicsburg 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 7971 Mechanicsburg Rd, Springfield, IL, 62712 offers a 0% rental yield on a $247,000 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $1,594/yr while 5% annual appreciation supports $68,242 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,209/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
2.33 Acres lot
$N/A/sqft
No HOA
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No similar rental properties found nearby.
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Listed by: Sherry Washburn • Keller Williams Capital
Mls Name: RMLS Alliance
Mls ID: #CA1037748