1122 Charleston CtFairbornOH45324
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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 Fairborn at 1122 Charleston Ct, Fairborn, OH, 45324 priced at $167,000 converts $1,326/mo rent into after a $817/mo obligation. Total monthly income equals $1,326/mo. Return on cash invested prints 18.19% in year one, and rental yield reads 9.53% against a $167,000 entry. Equity gained on principal adds $1,078/yr, while 5% annual appreciation compiles into $46,139 by year five. Five-year ROI reaches 96.55% and total cumulative return in cash sums $53,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,326/mo property income covering a $817/mo payment, not borrower’s personal income.
Condo
Built in 1971
1,611 sqft lot
$N/A/sqft
$307 monthly 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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Listed by: Theresa L Jennings • RE/MAX Victory + Affiliates
Mls Name: DABR MLS
Mls Provider:
Mls ID: #931729
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.