1310 Clark AvePiquaOH45356
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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 Piqua at 1310 Clark Ave, Piqua, OH, 45356 priced at $103,000 converts $1,656/mo rent into $979/mo cash flow after a $504/mo obligation. Total monthly income equals $1,656/mo, and annual cash flow totals $11,743/yr on $34,145 invested. Return on cash invested prints 54.3% in year one, and rental yield reads 19.29% against a $103,000 entry. Equity gained on principal adds $665/yr, while 5% annual appreciation compiles into $28,457 by year five. Five-year ROI reaches 287.83% and total cumulative return in cash sums $98,278. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,656/mo property income covering a $504/mo payment, not borrower’s personal income.
Single Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45356, Piqua, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,349 (100%) |
| Owner Occupied HU | 6,943 (61.2%) |
| Renter Occupied HU | 3,660 (32.2%) |
| Vacant Housing Units | 746 ( 6.6%) |
| Median Home Value | $166,334 |
| Average Home Value | $238,466 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
10,163
Multi-Family
502
Businesses
765
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Listed by: Devin Muniz • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306977
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. Information is deemed reliable but not guaranteed.