540 Mead Ln, Springfield, OH, 45506 | $417/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springfield at 540 Mead Ln, Springfield, OH, 45506 offers a 12.09% rental yield on a $119,000 purchase with $1,199/mo rent. Total monthly income registers $1,199/mo, and a $582/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,000/yr on $39,449 to close, and return on cash invested stands at 32.58% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 171.34% and total cumulative return in cash at $67,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,199/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

7,840 sqft lot

$N/A/sqft

No HOA