Springfield, OH — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.8%
Below average
Monthly Cash Flow
-$449
After all expenses
Price-to-Rent
14.8
Investor-friendly
DSCR
0.60
Fails
📊 Key Metrics
- Median Home Price
- $212,631
- Average Rent (3BR)
- $1,250/mo
- Price-to-Rent Ratio
- 14.8(good)
- 1% Rule
- 0.56%(fails — need 1%+)
- Cash-on-Cash Return
- -11.0%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →🏘️ Best Zip Codes in Springfield for Investors
All Zip Codes in Springfield
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 45506 | 7.6% | +$120 | $117,315 | $1,110/mo | 1.19 |
| 45349 | 7.1% | +$101 | $173,638 | $1,550/mo | 1.11 |
| 45505 | 6.5% | +$14 | $130,572 | $1,090/mo | 1.02 |
| 45503 | 4.6% | -$297 | $196,207 | $1,250/mo | 0.72 |
| 45504 | 3.9% | -$449 | $212,631 | $1,200/mo | 0.60 |
| 43044 | 2.9% | -$797 | $275,187 | $1,290/mo | 0.46 |
| 43078 | 2.9% | -$693 | $236,728 | $1,100/mo | 0.45 |
| 45369 | 2.4% | -$1,015 | $307,529 | $1,290/mo | 0.38 |
| 45502 | 2.4% | -$1,029 | $310,822 | $1,300/mo | 0.38 |