1460 Fleet RdTroyOH45373
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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 Troy at 1460 Fleet Rd, Troy, OH, 45373 priced at $248,500 converts $1,918/mo rent into $284/mo cash flow after a $1,216/mo obligation. Total monthly income equals $1,918/mo, and annual cash flow totals $3,404/yr on $82,378 invested. Return on cash invested prints 24.04% in year one, and rental yield reads 9.26% against a $248,500 entry. Equity gained on principal adds $1,604/yr, while 5% annual appreciation compiles into $68,656 by year five. Five-year ROI reaches 125.53% and total cumulative return in cash sums $103,411. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,918/mo property income covering a $1,216/mo payment, not borrower’s personal income.
Single Family
Built in 1955
10,454 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: Victoria Linkmeyer • Key Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1039901
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