4438 Tacoma StSpringfieldOH45503
Nearby investment properties with comparable rents
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
Investment property for sale in Springfield at 4438 Tacoma St, Springfield, OH, 45503 earns $198/mo cash flow from $2,434/mo rent with a $1,664/mo payment. Total monthly income totals $2,434/mo, and annual cash flow totals $2,372/yr on $112,710 capital. ROI tracks 22.01% on current figures, and rental yield reads 8.59% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 114.64% and total cumulative return in cash sums $129,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,434/mo property income instead of your personal income.
Single Family
Built in 1992
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45503, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,148 (100%) |
| Owner Occupied HU | 8,998 (59.4%) |
| Renter Occupied HU | 5,217 (34.4%) |
| Vacant Housing Units | 933 ( 6.2%) |
| Median Home Value | $171,047 |
| Average Home Value | $198,075 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,424
Multi-Family
1,189
Businesses
610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly A. Marshall • 2Marshalls Real Estate
Mls Name: WRIST
Mls ID: #1041238