44 Old Pond RdSpringboroOH45066
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Nearby investment properties with comparable prices
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 Springboro at 44 Old Pond Rd, Springboro, OH, 45066 priced at $299,000 pairs $2,585/mo rent with $619/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,585/mo, and annual cash flow comes to $7,424/yr on $99,119 invested. Return on cash invested is 27.4% in year one, and rental yield stands at 10.37% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 143.51% and total cumulative return in cash reaches $142,246. For financing, Ziffy Mortgage’s DSCR program evaluates $2,585/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2017
1,677 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45066, Springboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 8,827 (85.2%) |
| Renter Occupied HU | 1,134 (10.9%) |
| Vacant Housing Units | 402 ( 3.9%) |
| Median Home Value | $388,058 |
| Average Home Value | $434,155 |
Housing Distribution
Address Breakdown
Residential
9,993
Single Family
9,570
Multi-Family
423
Businesses
698
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Listed by: Jamie Wilson • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #940002