2520 Woodside 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 2520 Woodside Ave, Springfield, OH, 45503 earns $145/mo cash flow from $1,032/mo rent with a $660/mo payment. Total monthly income totals $1,032/mo, and annual cash flow totals $1,739/yr on $44,719 capital. ROI tracks 23.8% on current figures, and rental yield reads 9.18% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 124.2% and total cumulative return in cash sums $55,541. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,032/mo property income instead of your personal income.
Single Family
Built in 1941
6,098 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: Lisa Brandeberry • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls Provider:
Mls ID: #1037557
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.