1828-1830 S Fountain AveSpringfieldOH45506
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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 1828-1830 S Fountain Ave, Springfield, OH, 45506 generates $1,073/mo in rent and, after a $612/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,073/mo, and annual cash flow is $3,007/yr on $41,438 invested. Return on cash invested sits at 27.17% in year one, and rental yield is 10.3% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 142.32% and total cumulative return in cash sums $58,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,073/mo property income rather than buyer’s personal income.
Multi Family
Built in 1914
7,448 sqft lot
$N/A/sqft
No HOA
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Listed by: Cecilia Hill • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls Provider:
Mls ID: #920830
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.