25 Morris St #13SpringboroOH45066
Nearby investment properties with comparable rents
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
Rental property for sale in Springboro at 25 Morris St #13, Springboro, OH, 45066 priced at $578,000 converts $2,340/mo rent into after a $2,829/mo obligation. Total monthly income equals $2,340/mo. Return on cash invested prints 10.83% in year one, and rental yield reads 4.86% against a $578,000 entry. Equity gained on principal adds $3,730/yr, while 5% annual appreciation compiles into $159,691 by year five. Five-year ROI reaches 54.68% and total cumulative return in cash sums $103,985. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $2,829/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,942 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45066, Springboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 8,827 (85.2%) |
| Renter Occupied HU | 1,134 (10.9%) |
| Vacant Housing Units | 402 ( 3.9%) |
| Median Home Value | $388,058 |
| Average Home Value | $434,155 |
Housing Distribution
Address Breakdown
Residential
9,993
Single Family
9,570
Multi-Family
423
Businesses
698
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel V Tartabini • New Advantage, LTD
Mls Name: Cincy MLS
Mls ID: #1866155