216 N Springfield StSaint ParisOH43072
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
Investment property for sale in Saint Paris at 216 N Springfield St, Saint Paris, OH, 43072 uses $81,218 cash to close to unlock $7,591/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $2,244/mo, and a $1,199/mo payment keeps the spread at $633/mo. Purchase price stands at $245,000, and rental yield measures 10.99% with $2,244/mo rent. Return on cash invested shows 29.26% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 153.5% and total cumulative return in cash records $124,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,244/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43072, Saint Paris, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,348 (100%) |
| Owner Occupied HU | 1,744 (74.3%) |
| Renter Occupied HU | 451 (19.2%) |
| Vacant Housing Units | 153 ( 6.5%) |
| Median Home Value | $206,401 |
| Average Home Value | $230,347 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,946
Multi-Family
44
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Perry A Conley • Gathering Place Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1033043
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.