1233 Albemarle RdSpringfieldOH45504
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 Springfield at 1233 Albemarle Rd, Springfield, OH, 45504 at $150,000 posts ROI 35.03% with $627/mo cash flow from $1,613/mo rent. Total monthly income equals $1,613/mo, and annual cash flow records $7,518/yr on $49,725 to close. Return on cash invested measures 35.03% and rental yield reads 12.9% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 184.46% and total cumulative return in cash totals $91,722.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,613/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45504, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,503 (100%) |
| Owner Occupied HU | 4,536 (60.5%) |
| Renter Occupied HU | 2,132 (28.4%) |
| Vacant Housing Units | 835 (11.1%) |
| Median Home Value | $199,746 |
| Average Home Value | $236,193 |
Housing Distribution
Address Breakdown
Residential
7,054
Single Family
6,747
Multi-Family
307
Businesses
596
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Nearby investment properties with comparable prices
Listed by: John Michael Hart • Assist2Sell Your Home Listed/Sold
Mls Name: WRIST
Mls Provider:
Mls ID: #1034409
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.