635 Dorchester DrSpringfieldOH45506
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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 635 Dorchester Dr, Springfield, OH, 45506 priced at $271,000 pairs $2,153/mo rent with $371/mo cash flow after a $1,326/mo payment. Total monthly income equals $2,153/mo, and annual cash flow comes to $4,450/yr on $89,837 invested. Return on cash invested is 24.86% in year one, and rental yield stands at 9.53% on a $271,000 basis. Equity gained on principal adds $1,749/yr, and 5% annual appreciation accumulates to $74,872 by year five. Five-year ROI measures 129.91% and total cumulative return in cash reaches $116,703. For financing, Ziffy Mortgage’s DSCR program evaluates $2,153/mo property income against a $1,326/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.56 Acres lot
$N/A/sqft
No HOA
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Listed by: Ryan William King • Real Estate II, Inc.
Mls Name: WRIST
Mls Provider:
Mls ID: #1038825
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