2045 Sturgeon StSpringfieldOH45506
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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 2045 Sturgeon St, Springfield, OH, 45506 generates $1,340/mo in rent and, after a $611/mo payment, leaves $519/mo in cash flow. Total monthly income is $1,340/mo, and annual cash flow is $6,225/yr on $41,404 invested. Return on cash invested sits at 34.94% in year one, and rental yield is 12.87% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 184% and total cumulative return in cash sums $76,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,340/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Danielle Roe • Take A Look Real Estate Brokers
Mls Name: WRIST
Mls Provider:
Mls ID: #1034664
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