116 Meadow LnHillsboroOH45133
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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 Hillsboro at 116 Meadow Ln, Hillsboro, OH, 45133 generates $1,680/mo in rent, after a $2,398/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 8.51% in year one, and rental yield is 4.11% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 42.26% and total cumulative return in cash sums $68,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45133, Hillsboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 6,987 (64.6%) |
| Renter Occupied HU | 2,614 (24.2%) |
| Vacant Housing Units | 1,216 (11.2%) |
| Median Home Value | $205,527 |
| Average Home Value | $248,026 |
Housing Distribution
Address Breakdown
Residential
10,308
Single Family
10,189
Multi-Family
119
Businesses
763
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