1101 Parklake RowSpringboroOH45066
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 Springboro at 1101 Parklake Row, Springboro, OH, 45066 earns $256/mo cash flow from $2,384/mo rent with a $1,583/mo payment. Total monthly income totals $2,384/mo, and annual cash flow totals $3,077/yr on $107,240 capital. ROI tracks 22.78% on current figures, and rental yield reads 8.84% at a $323,500 purchase. Equity gained on principal adds $2,087/yr, and 5% annual appreciation supports $89,377 over five years. Five-year ROI reaches 118.76% and total cumulative return in cash sums $127,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,384/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45066, Springboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 8,827 (85.2%) |
| Renter Occupied HU | 1,134 (10.9%) |
| Vacant Housing Units | 402 ( 3.9%) |
| Median Home Value | $388,058 |
| Average Home Value | $434,155 |
Housing Distribution
Address Breakdown
Residential
9,993
Single Family
9,570
Multi-Family
423
Businesses
698
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Listed by: Priscilla L McNamee • Roost Real Estate Co
Mls Name: DABR MLS
Mls ID: #950022