2113 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
Investment property for sale in Springfield at 2113 S Fountain Ave, Springfield, OH, 45506 offers a 12.35% rental yield on a $169,500 purchase with $1,745/mo rent. Total monthly income registers $1,745/mo, and a $830/mo payment leaves $630/mo available for distribution. Annual cash flow reaches $7,556/yr on $56,189 to close, and return on cash invested stands at 33.36% in year one. Equity gained on principal adds $1,094/yr while 5% annual appreciation supports $46,830 over five years. Portfolio math shows five-year ROI at 175.48% and total cumulative return in cash at $98,600. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,745/mo property income against a $830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: John Michael Hart • Assist2Sell Your Home Listed/Sold
Mls Name: WRIST
Mls Provider:
Mls ID: #1034245
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