1342 Covedale LnAmeliaOH45102
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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 Amelia at 1342 Covedale Ln, Amelia, OH, 45102 earns $4/mo cash flow from $2,569/mo rent with a $1,909/mo payment. Total monthly income totals $2,569/mo, and annual cash flow totals $42/yr on $129,285 capital. ROI tracks 19.94% on current figures, and rental yield reads 7.9% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 103.54% and total cumulative return in cash sums $133,856. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,569/mo property income instead of your personal income.
Single Family
Built in 1996
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45102, Amelia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,731 (100%) |
| Owner Occupied HU | 7,591 (70.7%) |
| Renter Occupied HU | 2,685 (25.0%) |
| Vacant Housing Units | 455 ( 4.2%) |
| Median Home Value | $267,817 |
| Average Home Value | $283,757 |
Housing Distribution
Address Breakdown
Residential
10,192
Single Family
9,003
Multi-Family
1,189
Businesses
464
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