1212 W Pleasant StSpringfieldOH45506
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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 1212 W Pleasant St, Springfield, OH, 45506 uses $54,366 cash to close to unlock $2,483/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,286/mo, and a $803/mo payment keeps the spread at $207/mo. Purchase price stands at $164,000, and rental yield measures 9.41% with $1,286/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 127.86% and total cumulative return in cash records $69,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,286/mo property income covering a $803/mo payment rather than investor’s personal income.
Single Family
Built in 1926
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Cecilia Hill • Coldwell Banker Heritage
Mls Name: WRIST
Mls Provider:
Mls ID: #1042419
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