208 Corlington DrSpringfieldOH45506
Nearby investment properties with comparable rents
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
Rental property for sale in Springfield at 208 Corlington Dr, Springfield, OH, 45506 priced at $115,000 pairs $866/mo rent with $109/mo cash flow after a $563/mo payment. Total monthly income equals $866/mo, and annual cash flow comes to $1,313/yr on $38,123 invested. Return on cash invested is 23.35% in year one, and rental yield stands at 9.04% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 121.91% and total cumulative return in cash reaches $46,473. For financing, Ziffy Mortgage’s DSCR program evaluates $866/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Ackerman • Coldwell Banker Heritage
Mls Name: WRIST
Mls Provider:
Mls ID: #1041524
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.