141 S Kensington PlSpringfieldOH45504
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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
Rental property for sale in Springfield at 141 S Kensington Pl, Springfield, OH, 45504 priced at $215,000 converts $1,472/mo rent into $58/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,472/mo, and annual cash flow totals $697/yr on $71,273 invested. Return on cash invested prints 20.89% in year one, and rental yield reads 8.22% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 108.67% and total cumulative return in cash sums $77,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,472/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1926
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: Charles Scheiderer • Roby Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225037227