1819 Highland AveSpringfieldOH45503
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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 1819 Highland Ave, Springfield, OH, 45503 with 5% annual appreciation on a $117,000 basis while $908/mo rent supports operations. Total monthly income totals $908/mo and a $573/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,657/yr on $38,786 deployed, and return on cash invested reaches 24.18% in year one. Equity gained on principal adds $755/yr, and five-year appreciation sums $32,325 alongside rental yield of 9.31%. Five-year ROI measures 126.42% and total cumulative return in cash totals $49,033.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $908/mo property income versus a $573/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
4,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45503, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,148 (100%) |
| Owner Occupied HU | 8,998 (59.4%) |
| Renter Occupied HU | 5,217 (34.4%) |
| Vacant Housing Units | 933 ( 6.2%) |
| Median Home Value | $171,047 |
| Average Home Value | $198,075 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,424
Multi-Family
1,189
Businesses
610
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Listed by: Sunil Dhingra • Always Sunny Realty LLC
Mls Name: DABR MLS
Mls Provider:
Mls ID: #923032
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.