146 Rippling Brook LnSpringboroOH45066
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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 Springboro at 146 Rippling Brook Ln, Springboro, OH, 45066 offers $2,500/mo rent that, after a $1,654/mo payment, leaves $277/mo cash flow. Total monthly income is $2,500/mo, and annual cash flow is $3,324/yr on $112,047 cash. Return on cash invested measures 22.88% in year one, and rental yield stands at 8.88% at a $338,000 entry. Equity gained on principal adds $2,181/yr while 5% annual appreciation compounds into $93,383 by year five. Five-year ROI records 119.31% and total cumulative return in cash reaches $133,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,500/mo property income versus a $1,654/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2019
1,646 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45066, Springboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 8,827 (85.2%) |
| Renter Occupied HU | 1,134 (10.9%) |
| Vacant Housing Units | 402 ( 3.9%) |
| Median Home Value | $388,058 |
| Average Home Value | $434,155 |
Housing Distribution
Address Breakdown
Residential
9,993
Single Family
9,570
Multi-Family
423
Businesses
698
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Listed by: Karren L Bernhardt • Irongate Inc.
Mls Name: DABR MLS
Mls ID: #941142