1452 Meadow Ridge CirWilmingtonOH45177
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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 Wilmington at 1452 Meadow Ridge Cir, Wilmington, OH, 45177 listed at $340,600 pairs $2,959/mo rent with a $1,667/mo payment to leave $719/mo cash flow. Total monthly income runs $2,959/mo, and annual cash flow reaches $8,624/yr on $112,909 cash to close. Return on cash invested measures 27.55% in year one, and rental yield registers 10.43% at a $340,600 basis. Equity gained on principal adds $2,198/yr, and annual property appreciation at 5% supports $94,102 by year five. Five-year ROI tracks 144.33% and total cumulative return in cash totals $162,963. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,959/mo property income relative to a $1,667/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45177, Wilmington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,684 (100%) |
| Owner Occupied HU | 5,899 (60.9%) |
| Renter Occupied HU | 3,001 (31.0%) |
| Vacant Housing Units | 784 ( 8.1%) |
| Median Home Value | $233,105 |
| Average Home Value | $267,757 |
Housing Distribution
Address Breakdown
Residential
9,426
Single Family
9,067
Multi-Family
359
Businesses
906
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Listed by: N/A • N/A
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