304 S Springfield StSaint ParisOH43072
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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 Saint Paris at 304 S Springfield St, Saint Paris, OH, 43072 listed at $168,900 pairs $1,686/mo rent with a $827/mo payment to leave $575/mo cash flow. Total monthly income runs $1,686/mo, and annual cash flow reaches $6,896/yr on $55,990 cash to close. Return on cash invested measures 32.23% in year one, and rental yield registers 11.98% at a $168,900 basis. Equity gained on principal adds $1,090/yr, and annual property appreciation at 5% supports $46,664 by year five. Five-year ROI tracks 169.42% and total cumulative return in cash totals $94,860. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,686/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43072, Saint Paris, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,348 (100%) |
| Owner Occupied HU | 1,744 (74.3%) |
| Renter Occupied HU | 451 (19.2%) |
| Vacant Housing Units | 153 ( 6.5%) |
| Median Home Value | $206,401 |
| Average Home Value | $230,347 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,946
Multi-Family
44
Businesses
127
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Listed by: Alva L Fulk • Real Estate II Inc.
Mls Name: DABR MLS
Mls ID: #941182