104 E Garland AveFairbornOH45324
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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
Investment property for sale in Fairborn at 104 E Garland Ave, Fairborn, OH, 45324 uses $66,300 cash to close to unlock $5,668/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $979/mo payment keeps the spread at $472/mo. Purchase price stands at $200,000, and rental yield measures 10.73% with $1,788/mo rent. Return on cash invested shows 28.46% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 149.24% and total cumulative return in cash records $98,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45324, Fairborn, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 9,659 (49.0%) |
| Renter Occupied HU | 8,751 (44.3%) |
| Vacant Housing Units | 1,322 ( 6.7%) |
| Median Home Value | $226,164 |
| Average Home Value | $267,907 |
Housing Distribution
Address Breakdown
Residential
19,348
Single Family
16,500
Multi-Family
2,848
Businesses
911
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