806 Springdale DrPauldingOH45879
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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 Paulding at 806 Springdale Dr, Paulding, OH, 45879 priced at $219,000 converts $1,847/mo rent into $406/mo cash flow after a $1,072/mo obligation. Total monthly income equals $1,847/mo, and annual cash flow totals $4,876/yr on $72,599 invested. Return on cash invested prints 26.63% in year one, and rental yield reads 10.12% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 139.42% and total cumulative return in cash sums $101,217. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,847/mo property income covering a $1,072/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.32 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45879, Paulding, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,713 (100%) |
| Owner Occupied HU | 1,749 (64.5%) |
| Renter Occupied HU | 690 (25.4%) |
| Vacant Housing Units | 274 (10.1%) |
| Median Home Value | $150,631 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,576
Multi-Family
19
Businesses
271
Price History
Date | Event | Price |
|---|---|---|
| 2015-08-13 | Listing removed | $115,900 |
| 2015-05-22 | Listed for sale | $115,900 |
| 2000-10-06 | Sold | $106,480 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $2250.90 | 4.84% | $48,930 | N/A |
| 2022-04-21 | $2147.02 | 5.17% | $48,930 | 17.56% |
| 2021-04-21 | $2041.50 | 11.82% | $41,620 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2000
- Architectural Style: Traditional,One Story
- Building Area: N/A
- Living Area: 1,352 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Propane
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Bath in Primary Bedroom
- Exterior Features: N/A
- Parking Features: Attached, Concrete, Driveway, Garage, Off Street
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Paulding
- Middle School: N/A
- High School: Paulding
Listed by: Rita J Bowling • Kyzer Realty, LLC
Mls Name: NORIS
Mls ID: #6128670
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.