424 W State St, Springfield, OH, 45506 | $158/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Springfield at 424 W State St, Springfield, OH, 45506 generates $980/mo in rent and, after a $612/mo payment, leaves $158/mo in cash flow. Total monthly income is $980/mo, and annual cash flow is $1,891/yr on $41,438 invested. Return on cash invested sits at 24.47% in year one, and rental yield is 9.41% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 127.9% and total cumulative return in cash sums $52,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $980/mo property income rather than buyer’s personal income.

Single Family

Built in 1923

6,534 sqft lot

$N/A/sqft

No HOA