542 Villa RdSpringfieldOH45503
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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 542 Villa Rd, Springfield, OH, 45503 priced at $229,000 pairs $1,303/mo rent with after a $1,121/mo payment. Total monthly income equals $1,303/mo. Return on cash invested is 16.69% in year one, and rental yield stands at 6.83% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 86.14% and total cumulative return in cash reaches $65,393. For financing, Ziffy Mortgage’s DSCR program evaluates $1,303/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45503, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,148 (100%) |
| Owner Occupied HU | 8,998 (59.4%) |
| Renter Occupied HU | 5,217 (34.4%) |
| Vacant Housing Units | 933 ( 6.2%) |
| Median Home Value | $171,047 |
| Average Home Value | $198,075 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,424
Multi-Family
1,189
Businesses
610
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Listed by: Angela Scanlan • Coldwell Banker Heritage
Mls Name: WRIST
Mls ID: #1041584