622 S Lowry Ave,Springfield,OH,45506

Investment Highlights

Investment property for sale in Springfield at 622 S Lowry Ave, Springfield, OH, 45506 offers a 11.65% rental yield on a $119,000 purchase with $1,155/mo rent. Total monthly income registers $1,155/mo, and a $582/mo payment leaves $373/mo available for distribution. Annual cash flow reaches $4,472/yr on $39,449 to close, and return on cash invested stands at 31.25% 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 164.16% and total cumulative return in cash at $64,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,155/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.