707 W High StSpringfieldOH45506
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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 707 W High St, Springfield, OH, 45506 uses $49,692 cash to close to unlock $3,932/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $1,314/mo, and a $734/mo payment keeps the spread at $328/mo. Purchase price stands at $149,900, and rental yield measures 10.52% with $1,314/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 145.83% and total cumulative return in cash records $72,467. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,314/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in 1896
6,969 sqft 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: #1034387
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