1237 Old Springfield RdVandaliaOH45377
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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 Vandalia at 1237 Old Springfield Rd, Vandalia, OH, 45377 earns $135/mo cash flow from $2,042/mo rent with a $1,419/mo payment. Total monthly income totals $2,042/mo, and annual cash flow totals $1,620/yr on $96,102 capital. ROI tracks 21.59% on current figures, and rental yield reads 8.45% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 112.37% and total cumulative return in cash sums $107,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,042/mo property income instead of your personal income.
Single Family
Built in 1960
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45377, Vandalia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,279 (62.2%) |
| Renter Occupied HU | 2,275 (33.0%) |
| Vacant Housing Units | 330 ( 4.8%) |
| Median Home Value | $225,533 |
| Average Home Value | $250,948 |
Housing Distribution
Address Breakdown
Residential
6,737
Single Family
5,938
Multi-Family
799
Businesses
686
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