917 White Oak DrSpringfieldOH45504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 917 White Oak Dr, Springfield, OH, 45504 uses $165,717 cash to close to unlock $1,782/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $3,437/mo, and a $2,447/mo payment keeps the spread at $149/mo. Purchase price stands at $499,900, and rental yield measures 8.25% with $3,437/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 109.13% and total cumulative return in cash records $180,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,437/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1965
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45504, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,503 (100%) |
| Owner Occupied HU | 4,536 (60.5%) |
| Renter Occupied HU | 2,132 (28.4%) |
| Vacant Housing Units | 835 (11.1%) |
| Median Home Value | $199,746 |
| Average Home Value | $236,193 |
Housing Distribution
Address Breakdown
Residential
7,054
Single Family
6,747
Multi-Family
307
Businesses
596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dara Errett • Glasshouse Realty Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1042532
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.