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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spencerville at 2895 S Conant Rd, Spencerville, OH, 45887 at $267,000 posts ROI 29.77% with $728/mo cash flow from $2,484/mo rent. Total monthly income equals $2,484/mo, and annual cash flow records $8,731/yr on $88,511 to close. Return on cash invested measures 29.77% and rental yield reads 11.16% at the current $267,000. Equity gained on principal adds $1,723/yr, and 5% annual appreciation supports $73,767 by year five. Five-year ROI prints 156.26% and total cumulative return in cash totals $138,307.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,484/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45887, Spencerville, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,955 (100%) |
| Owner Occupied HU | 1,484 (75.9%) |
| Renter Occupied HU | 338 (17.3%) |
| Vacant Housing Units | 133 ( 6.8%) |
| Median Home Value | $225,414 |
| Average Home Value | $282,835 |
Residential
1,831
Single Family
1,794
Multi-Family
37
Businesses
104
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Sold | $267,000 |
| 2025-04-16 | Pending sale | $274,500 |
| 2025-04-07 | Listed for sale | $274,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $2343.85 | 21.81% | $75,670 | 29.99% |
| 2023-10-28 | $1924.17 | -4.80% | $58,210 | N/A |
| 2022-10-28 | $2021.20 | 0.26% | $58,210 | N/A |
Listed by: Tera Knebel • Schrader Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307080
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. Information is deemed reliable but not guaranteed.
