830 S Fountain AveSpringfieldOH45506
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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 830 S Fountain Ave, Springfield, OH, 45506 priced at $140,000 pairs $2,222/mo rent with $1,301/mo cash flow after a $685/mo payment. Total monthly income equals $2,222/mo, and annual cash flow comes to $15,616/yr on $46,410 invested. Return on cash invested is 53.56% in year one, and rental yield stands at 19.05% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 283.87% and total cumulative return in cash reaches $131,746. For financing, Ziffy Mortgage’s DSCR program evaluates $2,222/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1891
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Danielle Roe • Take A Look Real Estate Brokers
Mls Name: WRIST
Mls Provider:
Mls ID: #1030781
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