16 Lorelei DrFayettevilleOH45118
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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 Fayetteville at 16 Lorelei Dr, Fayetteville, OH, 45118 priced at $370,000 converts $2,171/mo rent into after a $1,811/mo obligation. Total monthly income equals $2,171/mo. Return on cash invested prints 17.34% in year one, and rental yield reads 7.04% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 89.59% and total cumulative return in cash sums $109,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,171/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45118, Fayetteville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,724 (100%) |
| Owner Occupied HU | 1,213 (70.4%) |
| Renter Occupied HU | 197 (11.4%) |
| Vacant Housing Units | 314 (18.2%) |
| Median Home Value | $239,583 |
| Average Home Value | $305,932 |
Housing Distribution
Address Breakdown
Residential
1,563
Single Family
1,563
Multi-Family
0
Businesses
73
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Listed by: Marcia Greenwald • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1859898