1403 Saratoga DrTroyOH45373
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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 Troy at 1403 Saratoga Dr, Troy, OH, 45373 earns $284/mo cash flow from $1,600/mo rent with a $979/mo payment. Total monthly income totals $1,600/mo, and annual cash flow totals $3,412/yr on $66,300 capital. ROI tracks 25.06% on current figures, and rental yield reads 9.6% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 131% and total cumulative return in cash sums $86,852. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,600/mo property income instead of your personal income.
Single Family
Built in 1971
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45373, Troy, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,667 (100%) |
| Owner Occupied HU | 10,828 (65.0%) |
| Renter Occupied HU | 5,016 (30.1%) |
| Vacant Housing Units | 823 ( 4.9%) |
| Median Home Value | $283,195 |
| Average Home Value | $308,376 |
Housing Distribution
Address Breakdown
Residential
16,465
Single Family
15,664
Multi-Family
801
Businesses
1,345
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Listed by: Katheryn Schmiesing • Suchland Realty Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1038797
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.