2044 Pond DrSpringfieldOH45505
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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 Springfield at 2044 Pond Dr, Springfield, OH, 45505 at $145,500 posts ROI 36.01% with $647/mo cash flow from $1,604/mo rent. Total monthly income equals $1,604/mo, and annual cash flow records $7,765/yr on $48,233 to close. Return on cash invested measures 36.01% and rental yield reads 13.23% at the current $145,500. Equity gained on principal adds $939/yr, and 5% annual appreciation supports $40,199 by year five. Five-year ROI prints 189.77% and total cumulative return in cash totals $91,533.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,604/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
7,479 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: Kimberly I Clark-Boggs • Keller Williams Home Town Rlty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #919798
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.