9 Oakwood DrSpringfieldIL62711
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9 Oakwood Dr, Springfield, IL, 62711 at $349,900 posts ROI 29% with $879/mo cash flow from $3,306/mo rent. Total monthly income equals $3,306/mo, and annual cash flow records $10,543/yr on $115,992 to close. Return on cash invested measures 29% and rental yield reads 11.34% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 152.57% and total cumulative return in cash totals $176,970.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,306/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.68 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael S Finley • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036660
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.