8 Timberline 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 8 Timberline Dr, Springfield, IL, 62711 with 5% annual appreciation on a $249,900 basis while $1,818/mo rent supports operations. Total monthly income totals $1,818/mo and a $1,223/mo payment preserves $85/mo for cash returns. Annual cash flow comes to $1,017/yr on $82,842 deployed, and return on cash invested reaches 21.14% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.73%. Five-year ROI measures 110.41% and total cumulative return in cash totals $91,466.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,818/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
N/A lot
$N/A/sqft
No HOA
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Listed by: Kyle T Killebrew • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035892
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