1330 Amherst RdSpringfieldOH45504
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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 1330 Amherst Rd, Springfield, OH, 45504 offers a 10.72% rental yield on a $142,000 purchase with $1,269/mo rent. Total monthly income registers $1,269/mo, and a $695/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,020/yr on $47,073 to close, and return on cash invested stands at 28.45% in year one. Equity gained on principal adds $916/yr while 5% annual appreciation supports $39,232 over five years. Portfolio math shows five-year ROI at 149.11% and total cumulative return in cash at $70,190. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,269/mo property income against a $695/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
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
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Listed by: Cecilia Hill • Coldwell Banker Heritage
Mls Name: WRIST
Mls Provider:
Mls ID: #1039201
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.