5869 Oldham 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 5869 Oldham Dr, Springfield, OH, 45503 earns $433/mo cash flow from $2,071/mo rent with a $1,219/mo payment. Total monthly income totals $2,071/mo, and annual cash flow totals $5,194/yr on $82,544 capital. ROI tracks 26.2% on current figures, and rental yield reads 9.98% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 137.1% and total cumulative return in cash sums $113,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,071/mo property income instead of your personal income.
Condo
Built in 1996
5.61 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: Nancy S. Eubanks • Coldwell Banker Heritage
Mls Name: WRIST
Mls ID: #1040060