1314 Keifer AveSpringfieldOH45504
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 1314 Keifer Ave, Springfield, OH, 45504 with 5% annual appreciation on a $140,000 basis while $1,064/mo rent supports operations. Total monthly income totals $1,064/mo and a $685/mo payment preserves $143/mo for cash returns. Annual cash flow comes to $1,720/yr on $46,410 deployed, and return on cash invested reaches 23.62% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 9.12%. Five-year ROI measures 123.31% and total cumulative return in cash totals $57,226.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,064/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1903
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Cochran • Real Estate II, Inc.
Mls Name: WRIST
Mls Provider:
Mls ID: #1036063
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.