68 Tamarack TrlSpringboroOH45066
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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 Springboro at 68 Tamarack Trl, Springboro, OH, 45066 offers a 11.19% rental yield on a $254,900 purchase with $2,377/mo rent. Total monthly income registers $2,377/mo, and a $1,248/mo payment leaves $700/mo available for distribution. Annual cash flow reaches $8,399/yr on $84,499 to close, and return on cash invested stands at 29.85% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 156.64% and total cumulative return in cash at $132,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,377/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
2,334 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45066, Springboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 8,827 (85.2%) |
| Renter Occupied HU | 1,134 (10.9%) |
| Vacant Housing Units | 402 ( 3.9%) |
| Median Home Value | $388,058 |
| Average Home Value | $434,155 |
Housing Distribution
Address Breakdown
Residential
9,993
Single Family
9,570
Multi-Family
423
Businesses
698
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Listed by: Karen S Powell • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #941776