528 Geron DrSpringfieldOH45505
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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
Rental property for sale in Springfield at 528 Geron Dr, Springfield, OH, 45505 priced at $169,900 pairs $1,403/mo rent with $285/mo cash flow after a $832/mo payment. Total monthly income equals $1,403/mo, and annual cash flow comes to $3,420/yr on $56,322 invested. Return on cash invested is 25.98% in year one, and rental yield stands at 9.91% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 135.91% and total cumulative return in cash reaches $76,550. For financing, Ziffy Mortgage’s DSCR program evaluates $1,403/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45505, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,242 (100%) |
| Owner Occupied HU | 4,238 (45.9%) |
| Renter Occupied HU | 4,018 (43.5%) |
| Vacant Housing Units | 986 (10.7%) |
| Median Home Value | $110,328 |
| Average Home Value | $149,107 |
Housing Distribution
Address Breakdown
Residential
8,926
Single Family
7,977
Multi-Family
949
Businesses
476
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Listed by: Curtis Mumma • Mumma Realty and Auctioneers
Mls Name: WRIST
Mls ID: #1041513