140 Northridge Dr UNIT 4OxfordOH45056
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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 Oxford at 140 Northridge Dr UNIT 4, Oxford, OH, 45056 generates $1,332/mo in rent and, after a $827/mo payment, leaves $221/mo in cash flow. Total monthly income is $1,332/mo, and annual cash flow is $2,646/yr on $56,024 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 9.46% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 128.74% and total cumulative return in cash sums $72,127. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,332/mo property income rather than buyer’s personal income.
Condo
Built in 2003
788.44 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45056, Oxford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,875 (100%) |
| Owner Occupied HU | 4,045 (41.0%) |
| Renter Occupied HU | 4,874 (49.4%) |
| Vacant Housing Units | 956 ( 9.7%) |
| Median Home Value | $362,957 |
| Average Home Value | $386,809 |
Housing Distribution
Address Breakdown
Residential
9,382
Single Family
7,122
Multi-Family
2,260
Businesses
587
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