712 W Jefferson 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
Rental property for sale in Springfield at 712 W Jefferson St, Springfield, OH, 45506 offers $1,315/mo rent that, after a $631/mo payment, leaves $467/mo cash flow. Total monthly income is $1,315/mo, and annual cash flow is $5,602/yr on $42,764 cash. Return on cash invested measures 33.01% in year one, and rental yield stands at 12.23% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Five-year ROI records 173.62% and total cumulative return in cash reaches $74,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,315/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1911
7,500 sqft lot
$N/A/sqft
No HOA
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Listed by: Kellee Markwell • Lagonda Creek Real Estate, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1038322
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