418-420 Dayton AveSpringfieldOH45506
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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 418-420 Dayton Ave, Springfield, OH, 45506 generates $1,082/mo in rent and, after a $582/mo payment, leaves $300/mo in cash flow. Total monthly income is $1,082/mo, and annual cash flow is $3,596/yr on $39,449 invested. Return on cash invested sits at 29.03% in year one, and rental yield is 10.91% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 152.29% and total cumulative return in cash sums $60,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,082/mo property income rather than buyer’s personal income.
Multi Family
Built in 1901
6,272 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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