220 W Perrin Ave, Springfield, OH, 45506 | $212/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springfield at 220 W Perrin Ave, Springfield, OH, 45506 listed at $189,000 pairs $1,455/mo rent with a $925/mo payment to leave $212/mo cash flow. Total monthly income runs $1,455/mo, and annual cash flow reaches $2,542/yr on $62,654 cash to close. Return on cash invested measures 23.97% in year one, and rental yield registers 9.24% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 125.12% and total cumulative return in cash totals $78,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,455/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1926

7,840 sqft lot

$N/A/sqft

No HOA