427 Knickerbocker Ave, Springfield, OH, 45506 | $254/mo Cash Flow

For Sale

Listed for sale 2 days ago

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

Investment property for sale in Springfield at 427 Knickerbocker Ave, Springfield, OH, 45506 with 5% annual appreciation on a $180,000 basis while $1,438/mo rent supports operations. Total monthly income totals $1,438/mo and a $881/mo payment preserves $254/mo for cash returns. Annual cash flow comes to $3,048/yr on $59,670 deployed, and return on cash invested reaches 25.02% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 9.59%. Five-year ROI measures 130.71% and total cumulative return in cash totals $77,993.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,438/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1951

10,454 sqft lot

$N/A/sqft

No HOA