6421 Moorefield RdSpringfieldOH45502
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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 6421 Moorefield Rd, Springfield, OH, 45502 listed at $544,999 pairs $3,493/mo rent with a $2,668/mo payment. Total monthly income runs $3,493/mo. Return on cash invested measures 19.45% in year one, and rental yield registers 7.69% at a $544,999 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Five-year ROI tracks 100.86% and total cumulative return in cash totals $180,840. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,493/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
4.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45502, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,390 (100%) |
| Owner Occupied HU | 5,811 (78.6%) |
| Renter Occupied HU | 1,131 (15.3%) |
| Vacant Housing Units | 448 ( 6.1%) |
| Median Home Value | $248,385 |
| Average Home Value | $275,068 |
Housing Distribution
Address Breakdown
Residential
7,031
Single Family
6,612
Multi-Family
419
Businesses
376
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Listed by: Scott Marvin • Team Results Realty
Mls Name: DABR MLS
Mls ID: #947642