1244 Mayfair DrWilmingtonOH45177
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
Investment Highlights
Rental property for sale in Wilmington at 1244 Mayfair Dr, Wilmington, OH, 45177 generates $930/mo in rent, after a $1,664/mo payment. Total monthly income is $930/mo. Return on cash invested sits at 6% in year one, and rental yield is 3.28% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 28.75% and total cumulative return in cash sums $32,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $930/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45177, Wilmington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,684 (100%) |
| Owner Occupied HU | 5,899 (60.9%) |
| Renter Occupied HU | 3,001 (31.0%) |
| Vacant Housing Units | 784 ( 8.1%) |
| Median Home Value | $233,105 |
| Average Home Value | $267,757 |
Housing Distribution
Address Breakdown
Residential
9,426
Single Family
9,067
Multi-Family
359
Businesses
906
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amie Rhodehamel • Coldwell Banker Heritage
Mls Name: Cincy MLS
Mls ID: #1852416