726 E Madison AveSpringfieldOH45503
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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 726 E Madison Ave, Springfield, OH, 45503 at $105,000 posts ROI 50.98% with $901/mo cash flow from $1,592/mo rent. Total monthly income equals $1,592/mo, and annual cash flow records $10,815/yr on $34,808 to close. Return on cash invested measures 50.98% and rental yield reads 18.19% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 270.08% and total cumulative return in cash totals $94,010.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,592/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1913
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45503, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,148 (100%) |
| Owner Occupied HU | 8,998 (59.4%) |
| Renter Occupied HU | 5,217 (34.4%) |
| Vacant Housing Units | 933 ( 6.2%) |
| Median Home Value | $171,047 |
| Average Home Value | $198,075 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,424
Multi-Family
1,189
Businesses
610
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Listed by: Ryan William King • Real Estate II, Inc.
Mls Name: WRIST
Mls ID: #1042024