2155 Selma PikeSpringfieldOH45505
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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 2155 Selma Pike, Springfield, OH, 45505 generates $2,104/mo in rent and, after a $1,123/mo payment, leaves $595/mo in cash flow. Total monthly income is $2,104/mo, and annual cash flow is $7,136/yr on $76,079 invested. Return on cash invested sits at 29.29% in year one, and rental yield is 11% on a $229,500 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 153.67% and total cumulative return in cash sums $116,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
0.66 Acres 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: Sheila N Dunphy-Pallotta • Dunphy Real Estate Inc.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #911068
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.