138 Kenneth Hamilton WayYellow SpringsOH45387
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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 Yellow Springs at 138 Kenneth Hamilton Way, Yellow Springs, OH, 45387 uses $155,772 cash to close to unlock $11,350/yr annual cash flow and $946/mo monthly cash flow. Total monthly income runs $4,091/mo, and a $2,300/mo payment keeps the spread at $946/mo. Purchase price stands at $469,900, and rental yield measures 10.45% with $4,091/mo rent. Return on cash invested shows 27.2% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 142.57% and total cumulative return in cash records $222,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,091/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45387, Yellow Springs, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,762 (100%) |
| Owner Occupied HU | 1,850 (67.0%) |
| Renter Occupied HU | 733 (26.5%) |
| Vacant Housing Units | 179 ( 6.5%) |
| Median Home Value | $364,925 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,484
Multi-Family
39
Businesses
261
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Listed by: Alexander A Hencheck • HMS Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224007106
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.