115 Lawnview AveSpringfieldOH45505
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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 115 Lawnview Ave, Springfield, OH, 45505 at $130,000 posts ROI 43.58% with $850/mo cash flow from $1,705/mo rent. Total monthly income equals $1,705/mo, and annual cash flow records $10,202/yr on $43,095 to close. Return on cash invested measures 43.58% and rental yield reads 15.74% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 230.4% and total cumulative return in cash totals $99,291.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,705/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45505, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,242 (100%) |
| Owner Occupied HU | 4,238 (45.9%) |
| Renter Occupied HU | 4,018 (43.5%) |
| Vacant Housing Units | 986 (10.7%) |
| Median Home Value | $110,328 |
| Average Home Value | $149,107 |
Housing Distribution
Address Breakdown
Residential
8,926
Single Family
7,977
Multi-Family
949
Businesses
476
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Nearby investment properties with comparable prices
Listed by: Kathy Cubbage • Lagonda Creek Real Estate LLC
Mls Name: DABR MLS
Mls Provider:
Mls ID: #918354
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.