2475 Signal Hill RdSpringfieldOH45504
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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 Springfield at 2475 Signal Hill Rd, Springfield, OH, 45504 offers $2,233/mo rent that, after a $9,275/mo payment. Total monthly income is $2,233/mo. Return on cash invested measures 0.37% in year one, and rental yield stands at 1.41% at a $1,895,000 entry. Equity gained on principal adds $12,228/yr while 5% annual appreciation compounds into $523,554 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,233/mo property income versus a $9,275/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
5.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45504, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,503 (100%) |
| Owner Occupied HU | 4,536 (60.5%) |
| Renter Occupied HU | 2,132 (28.4%) |
| Vacant Housing Units | 835 (11.1%) |
| Median Home Value | $199,746 |
| Average Home Value | $236,193 |
Housing Distribution
Address Breakdown
Residential
7,054
Single Family
6,747
Multi-Family
307
Businesses
596
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Listed by: Alison North • Glasshouse Realty Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1039447
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.