1038 Frederick DrXeniaOH45385
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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 Xenia at 1038 Frederick Dr, Xenia, OH, 45385 generates $1,003/mo in rent and, after a $636/mo payment, leaves $148/mo in cash flow. Total monthly income is $1,003/mo, and annual cash flow is $1,778/yr on $43,095 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 9.26% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 125.56% and total cumulative return in cash sums $54,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,003/mo property income rather than buyer’s personal income.
Condo
Built in 1971
710.03 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45385, Xenia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,389 (100%) |
| Owner Occupied HU | 11,526 (66.3%) |
| Renter Occupied HU | 4,686 (26.9%) |
| Vacant Housing Units | 1,177 ( 6.8%) |
| Median Home Value | $277,569 |
| Average Home Value | $341,533 |
Housing Distribution
Address Breakdown
Residential
16,718
Single Family
15,555
Multi-Family
1,163
Businesses
866
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