2731 Cottonwood DrSpringfieldOH45504
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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 2731 Cottonwood Dr, Springfield, OH, 45504 earns $209/mo cash flow from $1,472/mo rent with a $940/mo payment. Total monthly income totals $1,472/mo, and annual cash flow totals $2,505/yr on $63,658 capital. ROI tracks 23.84% on current figures, and rental yield reads 9.2% at a $192,030 purchase. Equity gained on principal adds $1,239/yr, and 5% annual appreciation supports $53,054 over five years. Five-year ROI reaches 124.47% and total cumulative return in cash sums $79,238. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,472/mo property income instead of your personal income.
Single Family
Built in 1968
0.84 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: Jeff S. Harvey • Harvey Plus
Mls Name: WRIST
Mls Provider:
Mls ID: #1039719
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.