1015 Hillcrest AveSpringfieldOH45504
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 1015 Hillcrest Ave, Springfield, OH, 45504 earns $15/mo cash flow from $1,231/mo rent with a $905/mo payment. Total monthly income totals $1,231/mo, and annual cash flow totals $177/yr on $61,294 capital. ROI tracks 20.2% on current figures, and rental yield reads 7.99% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 104.93% and total cumulative return in cash sums $64,315. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,231/mo property income instead of your personal income.
Single Family
Built in 1955
10,698 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45504, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,503 (100%) |
| Owner Occupied HU | 4,536 (60.5%) |
| Renter Occupied HU | 2,132 (28.4%) |
| Vacant Housing Units | 835 (11.1%) |
| Median Home Value | $199,746 |
| Average Home Value | $236,193 |
Housing Distribution
Address Breakdown
Residential
7,054
Single Family
6,747
Multi-Family
307
Businesses
596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arthur Solomon • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #944432