440 N Broadmoor BlvdSpringfieldOH45504
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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
Investment property for sale in Springfield at 440 N Broadmoor Blvd, Springfield, OH, 45504 with 5% annual appreciation on a $270,000 basis while $2,509/mo rent supports operations. Total monthly income totals $2,509/mo and a $1,322/mo payment preserves $733/mo for cash returns. Annual cash flow comes to $8,790/yr on $89,505 deployed, and return on cash invested reaches 29.73% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 11.15%. Five-year ROI measures 156.05% and total cumulative return in cash totals $139,669.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,509/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45504, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,503 (100%) |
| Owner Occupied HU | 4,536 (60.5%) |
| Renter Occupied HU | 2,132 (28.4%) |
| Vacant Housing Units | 835 (11.1%) |
| Median Home Value | $199,746 |
| Average Home Value | $236,193 |
Housing Distribution
Address Breakdown
Residential
7,054
Single Family
6,747
Multi-Family
307
Businesses
596
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Listed by: Maegan Benne • Glasshouse Realty Group
Mls Name: DABR MLS
Mls ID: #946213