1205 S Ridge AveTroyOH45373
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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 Troy at 1205 S Ridge Ave, Troy, OH, 45373 with 5% annual appreciation on a $129,150 basis while $1,481/mo rent supports operations. Total monthly income totals $1,481/mo and a $632/mo payment preserves $632/mo for cash returns. Annual cash flow comes to $7,579/yr on $42,813 deployed, and return on cash invested reaches 37.61% in year one. Equity gained on principal adds $833/yr, and five-year appreciation sums $35,682 alongside rental yield of 13.76%. Five-year ROI measures 198.3% and total cumulative return in cash totals $84,900.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,481/mo property income versus a $632/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1936
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45373, Troy, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,667 (100%) |
| Owner Occupied HU | 10,828 (65.0%) |
| Renter Occupied HU | 5,016 (30.1%) |
| Vacant Housing Units | 823 ( 4.9%) |
| Median Home Value | $283,195 |
| Average Home Value | $308,376 |
Housing Distribution
Address Breakdown
Residential
16,465
Single Family
15,664
Multi-Family
801
Businesses
1,345
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Listed by: Marlene A. Wagner • RE/MAX Victory + Affiliates
Mls Name: WRIST
Mls Provider:
Mls ID: #1038603
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.