1153 Norwich LnDaytonOH45459
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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 Dayton at 1153 Norwich Ln, Dayton, OH, 45459 generates $2,328/mo in rent and, after a $1,027/mo payment, leaves $555/mo in cash flow. Total monthly income is $2,328/mo, and annual cash flow is $6,654/yr on $69,582 invested. Return on cash invested sits at 29.47% in year one, and rental yield is 13.31% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 157.1% and total cumulative return in cash sums $109,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,328/mo property income rather than buyer’s personal income.
Condo
Built in 1978
1,406 sqft lot
$N/A/sqft
$362 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45459, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,818 (100%) |
| Owner Occupied HU | 8,745 (63.3%) |
| Renter Occupied HU | 4,152 (30.0%) |
| Vacant Housing Units | 921 ( 6.7%) |
| Median Home Value | $311,875 |
| Average Home Value | $324,662 |
Housing Distribution
Address Breakdown
Residential
13,934
Single Family
11,711
Multi-Family
2,223
Businesses
1,746
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Listed by: Tony Johnson • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls Provider:
Mls ID: #920377
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.