134 S Light StSpringfieldOH45506
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 134 S Light St, Springfield, OH, 45506 in Springfield. Priced at $126,500, it generates $1,295/mo in gross rent and $506/mo in net monthly cash flow, a 12.95% yield that comfortably supports the 2.28 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,068. Five-year appreciation: $34,950. Equity from principal paydown: $1,165/yr. Total projected cumulative return: $78,007.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 7.2% |
| Monthly Cash Flow | $506 | $450 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,295 |
| Total Monthly Debt Service | $782 |
| DSCR Ratio | 1.66x |
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 1996
9,944 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 1996
9,944 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grant Nicodemus • EB Real Estate
Mls Name: DABR MLS
Mls Provider:
Mls ID: #940717
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.