6931 Springfield DrHollandOH43528
Nearby investment properties with comparable rents
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 Holland at 6931 Springfield Dr, Holland, OH, 43528 offers a 9.05% rental yield on a $190,000 purchase with $1,433/mo rent. Total monthly income registers $1,433/mo, and a $930/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,198/yr on $62,985 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 122.12% and total cumulative return in cash at $76,920. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,433/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43528, Holland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,856 (100%) |
| Owner Occupied HU | 4,885 (71.3%) |
| Renter Occupied HU | 1,642 (23.9%) |
| Vacant Housing Units | 329 ( 4.8%) |
| Median Home Value | $283,192 |
| Average Home Value | $313,594 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,664
Multi-Family
246
Businesses
785
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