3183 Lower Valley PikeSpringfieldOH45506
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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
Rental property for sale in Springfield at 3183 Lower Valley Pike, Springfield, OH, 45506 generates $2,920/mo in rent, after a $5,873/mo payment. Total monthly income is $2,920/mo. Return on cash invested sits at 5.02% in year one, and rental yield is 2.92% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 23.42% and total cumulative return in cash sums $91,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
23.90 Acres lot
$N/A/sqft
No HOA
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Listed by: Tina Bleything • Roost Real Estate Co.
Mls Name: WRIST
Mls ID: #1043472