273 S Clairmont AveSpringfieldOH45505
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
Investment property for sale in Springfield at 273 S Clairmont Ave, Springfield, OH, 45505 at $205,000 posts ROI 20.1% with $11/mo cash flow from $1,359/mo rent. Total monthly income equals $1,359/mo, and annual cash flow records $131/yr on $67,958 to close. Return on cash invested measures 20.1% and rental yield reads 7.96% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 104.39% and total cumulative return in cash totals $70,938.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,359/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1911
7,405 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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Nearby investment properties with comparable prices
Listed by: Tamara Comer • Coldwell Banker Heritage
Mls Name: WRIST
Mls ID: #1043182