








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Troy at 1482 Lantern Ln, Troy, OH, 45373 generates $1,811/mo in rent and, after a $1,140/mo payment, leaves $129/mo in cash flow. Total monthly income is $1,811/mo, and annual cash flow is $1,545/yr on $77,240 invested. Return on cash invested sits at 21.91% in year one, and rental yield is 9.33% on a $233,000 entry. Equity gained on principal adds $1,504/yr, while 5% annual appreciation builds toward $64,374 over five years. Five-year ROI reaches 114.92% and total cumulative return in cash sums $88,765. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,811/mo property income rather than buyer’s personal income.
Condo
Built in 2004
2,016 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 45373, Troy, OH area.
| 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 |
Residential
16,465
Single Family
15,664
Multi-Family
801
Businesses
1,345
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Sold | $233,000 |
| 2025-08-13 | Pending sale | $249,900 |
| 2025-07-25 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $2358.64 | 1.19% | $72,320 | N/A |
| 2023-10-27 | $2331.00 | 16.69% | $72,320 | N/A |
| 2022-10-27 | $1997.68 | 22.94% | $72,320 | 24.99% |



Listed by: Shelley Chapman • Keller Williams Home Town Rlty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #939870
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.