2430 Mayfair DrSpringfieldOH45505
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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 Springfield at 2430 Mayfair Dr, Springfield, OH, 45505 offers a 12.71% rental yield on a $115,000 purchase with $1,218/mo rent. Total monthly income registers $1,218/mo, and a $563/mo payment leaves $461/mo available for distribution. Annual cash flow reaches $5,537/yr on $38,123 to close, and return on cash invested stands at 34.43% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 181.33% and total cumulative return in cash at $69,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,218/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
6,098 sqft 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: Marla Morland • e-Merge Real Estate
Mls Name: WRIST
Mls ID: #1040167