1291 Lake Run DrLebanonOH45036
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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 Lebanon at 1291 Lake Run Dr, Lebanon, OH, 45036 priced at $425,000 converts $3,284/mo rent into $222/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,284/mo, and annual cash flow totals $2,659/yr on $140,888 invested. Return on cash invested prints 21.8% in year one, and rental yield reads 9.27% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 114.3% and total cumulative return in cash sums $161,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,284/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Condo
Built in 2020
1,576 sqft lot
$N/A/sqft
$267 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45036, Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,137 (100%) |
| Owner Occupied HU | 11,405 (70.7%) |
| Renter Occupied HU | 4,230 (26.2%) |
| Vacant Housing Units | 502 ( 3.1%) |
| Median Home Value | $380,580 |
| Average Home Value | $426,576 |
Housing Distribution
Address Breakdown
Residential
15,577
Single Family
14,233
Multi-Family
1,344
Businesses
1,022
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Listed by: Jon Pemberton • Keller Williams Community Part
Mls Name: DABR MLS
Mls Provider:
Mls ID: #932727
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.