1869 Chatham PlSpringfieldOH45505
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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 1869 Chatham Pl, Springfield, OH, 45505 listed at $127,000 pairs $1,055/mo rent with a $622/mo payment to leave $219/mo cash flow. Total monthly income runs $1,055/mo, and annual cash flow reaches $2,631/yr on $42,101 cash to close. Return on cash invested measures 26.16% in year one, and rental yield registers 9.97% at a $127,000 basis. Equity gained on principal adds $820/yr, and annual property appreciation at 5% supports $35,088 by year five. Five-year ROI tracks 136.98% and total cumulative return in cash totals $57,669. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,055/mo property income relative to a $622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45505, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,242 (100%) |
| Owner Occupied HU | 4,238 (45.9%) |
| Renter Occupied HU | 4,018 (43.5%) |
| Vacant Housing Units | 986 (10.7%) |
| Median Home Value | $110,328 |
| Average Home Value | $149,107 |
Housing Distribution
Address Breakdown
Residential
8,926
Single Family
7,977
Multi-Family
949
Businesses
476
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Listed by: Christopher Boyd • RE/MAX Leading Edge
Mls Name: WRIST
Mls Provider:
Mls ID: #1035921
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.