2339 Hillside AveSpringfieldOH45503
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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 2339 Hillside Ave, Springfield, OH, 45503 at $134,900 posts ROI 25.57% with $211/mo cash flow from $1,098/mo rent. Total monthly income equals $1,098/mo, and annual cash flow records $2,531/yr on $44,719 to close. Return on cash invested measures 25.57% and rental yield reads 9.77% at the current $134,900. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 by year five. Five-year ROI prints 133.67% and total cumulative return in cash totals $59,777.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,098/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1925
6,899 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45503, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,148 (100%) |
| Owner Occupied HU | 8,998 (59.4%) |
| Renter Occupied HU | 5,217 (34.4%) |
| Vacant Housing Units | 933 ( 6.2%) |
| Median Home Value | $171,047 |
| Average Home Value | $198,075 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,424
Multi-Family
1,189
Businesses
610
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Listed by: Ryan King • Real Estate II Inc.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #920190
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.