1243 Ridgeview AveDaytonOH45409
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1243 Ridgeview Ave, Dayton, OH, 45409 in Dayton is a solid income-producing rental, 9.75% gross yield, $2,347/mo rent, $446/mo net cash flow on a $289,000 buy. DSCR 1.81 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $79,845 and $2,662/yr in principal reduction project a total cumulative return of $138,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.1% |
| Monthly Cash Flow | $446 | $450 |
City averages based on Dayton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,347 |
| Total Monthly Debt Service | $1,786 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
6,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45409, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 1,884 (52.7%) |
| Renter Occupied HU | 980 (27.4%) |
| Vacant Housing Units | 711 (19.9%) |
| Median Home Value | $301,280 |
| Average Home Value | $316,527 |
Housing Distribution
Address Breakdown
Residential
4,081
Single Family
3,210
Multi-Family
871
Businesses
382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1951
6,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45409, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 1,884 (52.7%) |
| Renter Occupied HU | 980 (27.4%) |
| Vacant Housing Units | 711 (19.9%) |
| Median Home Value | $301,280 |
| Average Home Value | $316,527 |
Housing Distribution
Address Breakdown
Residential
4,081
Single Family
3,210
Multi-Family
871
Businesses
382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices