624 Snowhill BlvdSpringfieldOH45504
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Nearby investment properties with comparable prices
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 624 Snowhill Blvd, Springfield, OH, 45504 at $230,000 posts ROI 20.41% with $32/mo cash flow from $1,545/mo rent. Total monthly income equals $1,545/mo, and annual cash flow records $382/yr on $76,245 to close. Return on cash invested measures 20.41% and rental yield reads 8.06% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 106.04% and total cumulative return in cash totals $80,851.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,545/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45504, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,503 (100%) |
| Owner Occupied HU | 4,536 (60.5%) |
| Renter Occupied HU | 2,132 (28.4%) |
| Vacant Housing Units | 835 (11.1%) |
| Median Home Value | $199,746 |
| Average Home Value | $236,193 |
Housing Distribution
Address Breakdown
Residential
7,054
Single Family
6,747
Multi-Family
307
Businesses
596
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Listed by: Mark Kapp • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #935724