8 S Old State Capitol Plz #A, Springfield, IL, 62701 | 8.15% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springfield at 8 S Old State Capitol Plz #A, Springfield, IL, 62701 earns from $1,494/mo rent with a $1,077/mo payment. Total monthly income totals $1,494/mo. ROI tracks 19.38% on current figures, and rental yield reads 8.15% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 100.96% and total cumulative return in cash sums $73,631. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,494/mo property income instead of your personal income.

Condo

Built in 1955

N/A lot

$N/A/sqft

No HOA