160 Old Pond RdSpringboroOH45066
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 Springboro at 160 Old Pond Rd, Springboro, OH, 45066 with 5% annual appreciation on a $315,000 basis while $2,372/mo rent supports operations. Total monthly income totals $2,372/mo and a $1,542/mo payment preserves $300/mo for cash returns. Annual cash flow comes to $3,597/yr on $104,423 deployed, and return on cash invested reaches 23.35% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.04%. Five-year ROI measures 121.83% and total cumulative return in cash totals $127,217.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,372/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2021
261.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Y Banas • Irongate Inc.
Mls Name: DABR MLS
Mls ID: #946618