7662 Springfield DrValley CityOH44280
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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 Valley City at 7662 Springfield Dr, Valley City, OH, 44280 generates $2,378/mo in rent, after a $3,084/mo payment. Total monthly income is $2,378/mo. Return on cash invested sits at 9.83% in year one, and rental yield is 4.53% on a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 49.3% and total cumulative return in cash sums $102,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,378/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44280, Valley City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,412 (100%) |
| Owner Occupied HU | 2,068 (85.7%) |
| Renter Occupied HU | 256 (10.6%) |
| Vacant Housing Units | 88 ( 3.6%) |
| Median Home Value | $419,739 |
| Average Home Value | $470,305 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,194
Multi-Family
0
Businesses
187
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Listed by: Mike Russo • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5169621