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Browse available listings with estimated rent, projected ROI, and cash flow analysis. Filter by price, type, and investment metrics.
Explore rental performance, cash flow, appreciation, and local economic trends to understand how these properties fit into the overall investment story.
Use Property Insight to calculate ROI, cash flow, and cap rate for any address in Springfield, IL.
Get a quick view of rental returns, appreciation trends, and local growth data to evaluate real estate market strength and investment potential.
Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,116
$1,784
Appreciation
Data-driven answers to common investor questions about this market.
3.27%
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Job Growth
-0.02%
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Population
113,714
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The LTR Genie Score of Springfield, IL is 46 and STR Genie Score is 58, indicating a moderate rentability for long-term rentals and a high rentability for short-term rentals. The LTR Rent Growth Rate of 0.0% suggests stable rental prices in the long-term market, while the STR Net ROI of 21.75% is significantly higher than the LTR Net ROI of 9.93%. This could be due to the higher revenue and occupancy rate for short-term rentals.
Springfield, IL is the capital of Illinois and is known for its historical significance, including being the hometown of Abraham Lincoln. The city has a diverse economy with government, healthcare, and education sectors driving employment opportunities.
Based on the metrics provided, Springfield, IL appears to be more attractive for short-term rental investment due to the higher Genie Score, Net ROI, and occupancy rate compared to long-term rentals. Investors may find better returns and potential for growth in the short-term rental market in this area. However, it is always recommended to conduct thorough market research and analysis before making any investment decisions.