5678 Fox Ridge DrSpringfieldOH45503
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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
Investment property for sale in Springfield at 5678 Fox Ridge Dr, Springfield, OH, 45503 earns $396/mo cash flow from $2,206/mo rent with a $1,229/mo payment. Total monthly income totals $2,206/mo, and annual cash flow totals $4,754/yr on $83,207 capital. ROI tracks 25.62% on current figures, and rental yield reads 10.55% at a $251,000 purchase. Equity gained on principal adds $1,620/yr, and 5% annual appreciation supports $69,347 over five years. Five-year ROI reaches 134.86% and total cumulative return in cash sums $112,212. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,206/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$1,900 annually 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: Charlene Roberge • Lagonda Creek Real Estate, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1039528
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.