4948 Brannan Dr ESpringfieldOH45502
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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 Springfield at 4948 Brannan Dr E, Springfield, OH, 45502 priced at $178,900 pairs $1,758/mo rent with $434/mo cash flow after a $876/mo payment. Total monthly income equals $1,758/mo, and annual cash flow comes to $5,213/yr on $59,305 invested. Return on cash invested is 28.7% in year one, and rental yield stands at 11.79% on a $178,900 basis. Equity gained on principal adds $1,154/yr, and 5% annual appreciation accumulates to $49,427 by year five. Five-year ROI measures 151.61% and total cumulative return in cash reaches $89,911. For financing, Ziffy Mortgage’s DSCR program evaluates $1,758/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1991
22.34 Acres lot
$N/A/sqft
$1,757 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45502, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,390 (100%) |
| Owner Occupied HU | 5,811 (78.6%) |
| Renter Occupied HU | 1,131 (15.3%) |
| Vacant Housing Units | 448 ( 6.1%) |
| Median Home Value | $248,385 |
| Average Home Value | $275,068 |
Housing Distribution
Address Breakdown
Residential
7,031
Single Family
6,612
Multi-Family
419
Businesses
376
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Listed by: Amanda Biggins • Red 1 Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1035560
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