121 E Sugar StLafayetteOH45854
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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 Lafayette at 121 E Sugar St, Lafayette, OH, 45854 generates $1,115/mo in rent and, after a $709/mo payment, leaves $162/mo in cash flow. Total monthly income is $1,115/mo, and annual cash flow is $1,945/yr on $48,034 invested. Return on cash invested sits at 23.96% in year one, and rental yield is 9.23% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 125.14% and total cumulative return in cash sums $60,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,115/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45854, Lafayette, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 165 (100%) |
| Owner Occupied HU | 129 (78.2%) |
| Renter Occupied HU | 15 ( 9.1%) |
| Vacant Housing Units | 21 (12.7%) |
| Median Home Value | $301,042 |
| Average Home Value | $284,070 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
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