2495 Old Clifton RdSpringfieldOH45502
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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 2495 Old Clifton Rd, Springfield, OH, 45502 priced at $279,900 converts $2,159/mo rent into $318/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,159/mo, and annual cash flow totals $3,814/yr on $92,787 invested. Return on cash invested prints 24.02% in year one, and rental yield reads 9.26% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 125.41% and total cumulative return in cash sums $116,365. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,159/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1849
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45502, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,390 (100%) |
| Owner Occupied HU | 5,811 (78.6%) |
| Renter Occupied HU | 1,131 (15.3%) |
| Vacant Housing Units | 448 ( 6.1%) |
| Median Home Value | $248,385 |
| Average Home Value | $275,068 |
Housing Distribution
Address Breakdown
Residential
7,031
Single Family
6,612
Multi-Family
419
Businesses
376
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Listed by: Miranda Peterson • Howard Hanna Real Estate Serv
Mls Name: DABR MLS
Mls Provider:
Mls ID: #931359
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.