50 Morris St #4SpringboroOH45066
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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
Total monthly income runs $2,340/mo, and a $3,284/mo payment. Purchase price stands at $671,000, and rental yield measures 4.18% with $2,340/mo rent. Return on cash invested shows 8.79% in year one, and 5% annual appreciation builds toward $185,385 over five years. Five-year ROI reaches 43.7% and total cumulative return in cash records $96,463. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $3,284/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,367 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: Daniel Tartabini • New Advantage Ltd
Mls Name: DABR MLS
Mls ID: #933638