1104 Russell Ave,Springfield,OH,45506

Investment Highlights

Investment property for sale in Springfield at 1104 Russell Ave, Springfield, OH, 45506 listed at $105,700 pairs $1,242/mo rent with a $517/mo payment to leave $547/mo cash flow. Total monthly income runs $1,242/mo, and annual cash flow reaches $6,565/yr on $35,040 cash to close. Return on cash invested measures 38.64% in year one, and rental yield registers 14.1% at a $105,700 basis. Equity gained on principal adds $682/yr, and annual property appreciation at 5% supports $29,203 by year five. Five-year ROI tracks 203.92% and total cumulative return in cash totals $71,454. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,242/mo property income relative to a $517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).