Adventure 218 Springfield Meadows Plan, Springfield MeadowsSpringfieldOH45502
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
Rental property for sale in Springfield at Adventure 218 Springfield Meadows Plan, Springfield Meadows, Springfield, OH, 45502 priced at $122,500 pairs $942/mo rent with $136/mo cash flow after a $600/mo payment. Total monthly income equals $942/mo, and annual cash flow comes to $1,629/yr on $40,609 invested. Return on cash invested is 23.92% in year one, and rental yield stands at 9.23% on a $122,500 basis. Equity gained on principal adds $790/yr, and 5% annual appreciation accumulates to $33,844 by year five. Five-year ROI measures 124.88% and total cumulative return in cash reaches $50,712. For financing, Ziffy Mortgage’s DSCR program evaluates $942/mo property income against a $600/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45502, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,390 (100%) |
| Owner Occupied HU | 5,811 (78.6%) |
| Renter Occupied HU | 1,131 (15.3%) |
| Vacant Housing Units | 448 ( 6.1%) |
| Median Home Value | $248,385 |
| Average Home Value | $275,068 |
Housing Distribution
Address Breakdown
Residential
7,031
Single Family
6,612
Multi-Family
419
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Johnson • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A