12 Degas LnVersaillesOH45380
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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 Versailles at 12 Degas Ln, Versailles, OH, 45380 priced at $405,000 converts $2,046/mo rent into after a $1,982/mo obligation. Total monthly income equals $2,046/mo. Return on cash invested prints 14.39% in year one, and rental yield reads 6.06% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 73.77% and total cumulative return in cash sums $99,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,046/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45380, Versailles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,081 (100%) |
| Owner Occupied HU | 1,564 (75.2%) |
| Renter Occupied HU | 426 (20.5%) |
| Vacant Housing Units | 91 ( 4.4%) |
| Median Home Value | $262,369 |
| Average Home Value | $309,837 |
Housing Distribution
Address Breakdown
Residential
2,108
Single Family
2,057
Multi-Family
51
Businesses
191
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