1324 Chestnut StDresdenOH43821
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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
Investment property for sale in Dresden at 1324 Chestnut St, Dresden, OH, 43821 offers a 6.6% rental yield on a $239,000 purchase with $1,314/mo rent. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 82.39% and total cumulative return in cash at $65,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43821, Dresden, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,894 (100%) |
| Owner Occupied HU | 1,271 (67.1%) |
| Renter Occupied HU | 413 (21.8%) |
| Vacant Housing Units | 210 (11.1%) |
| Median Home Value | $216,250 |
| Average Home Value | $246,971 |
Housing Distribution
Address Breakdown
Residential
1,721
Single Family
1,721
Multi-Family
0
Businesses
100
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