1743 Walnut TerSpringfieldOH45504
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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 1743 Walnut Ter, Springfield, OH, 45504 at $250,000 posts ROI 24.28% with $302/mo cash flow from $1,947/mo rent. Total monthly income equals $1,947/mo, and annual cash flow records $3,626/yr on $82,875 to close. Return on cash invested measures 24.28% and rental yield reads 9.35% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 126.87% and total cumulative return in cash totals $105,142.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,947/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
0.25 Acres 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: Kristin E. Howard • Coldwell Banker Heritage
Mls Name: WRIST
Mls Provider:
Mls ID: #1038319
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.