22 Chestnut StSpringboroOH45066
Nearby investment properties with comparable rents
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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 Springboro at 22 Chestnut St, Springboro, OH, 45066 generates $2,340/mo in rent, after a $2,080/mo payment. Total monthly income is $2,340/mo. Return on cash invested sits at 16.03% in year one, and rental yield is 6.61% on a $424,990 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,417 over five years. Five-year ROI reaches 82.55% and total cumulative return in cash sums $116,306. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,474 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45066, Springboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 8,827 (85.2%) |
| Renter Occupied HU | 1,134 (10.9%) |
| Vacant Housing Units | 402 ( 3.9%) |
| Median Home Value | $388,058 |
| Average Home Value | $434,155 |
Housing Distribution
Address Breakdown
Residential
9,993
Single Family
9,570
Multi-Family
423
Businesses
698
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Listed by: Timothy Cheek • New Home Star Ohio LLC
Mls Name: DABR MLS
Mls ID: #948476