45 Wadestone StSpringboroOH45066
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
Rental property for sale in Springboro at 45 Wadestone St, Springboro, OH, 45066 offers $2,340/mo rent that, after a $3,719/mo payment. Total monthly income is $2,340/mo. Return on cash invested measures 7.08% in year one, and rental yield stands at 3.7% at a $759,900 entry. Equity gained on principal adds $4,904/yr while 5% annual appreciation compounds into $209,946 by year five. Five-year ROI records 34.6% and total cumulative return in cash reaches $86,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $3,719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.45 Acres lot
$N/A/sqft
$550 annually 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: Alexander A Hencheck Jr • H.M.S. Real Estate
Mls Name: DABR MLS
Mls Provider:
Mls ID: #930810
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.