116 Quarter Horse DrLake WaynokaOH45171
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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 Lake Waynoka at 116 Quarter Horse Dr, Lake Waynoka, OH, 45171 with 5% annual appreciation on a $149,900 basis while $1,205/mo rent supports operations. Total monthly income totals $1,205/mo and a $734/mo payment preserves $219/mo for cash returns. Annual cash flow comes to $2,624/yr on $49,692 deployed, and return on cash invested reaches 25.19% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.65%. Five-year ROI measures 131.7% and total cumulative return in cash totals $65,447.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,205/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45171, Sardinia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,035 (100%) |
| Owner Occupied HU | 2,074 (68.3%) |
| Renter Occupied HU | 471 (15.5%) |
| Vacant Housing Units | 490 (16.1%) |
| Median Home Value | $193,389 |
| Average Home Value | $235,784 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
2,685
Multi-Family
0
Businesses
82
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Listed by: Ragan McKinney • Ragan McKinney Real Estate
Mls Name: Cincy MLS
Mls ID: #1855112