1230 W Pleasant StSpringfieldOH45506
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1230 W Pleasant St, Springfield, OH, 45506 in Springfield. Priced at $159,900, it generates $1,619/mo in gross rent and $567/mo in net monthly cash flow, a 12.15% yield that comfortably supports the 2.25 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,806. Five-year appreciation: $44,177. Equity from principal paydown: $1,473/yr. Total projected cumulative return: $97,411.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.2% |
| Monthly Cash Flow | $567 | $450 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,619 |
| Total Monthly Debt Service | $988 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1891
6,098 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1891
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonia DeBernardo • The Westwood Real Estate Co.
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225041851