1602 Belvo Rd #1602MiamisburgOH45342
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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 Miamisburg at 1602 Belvo Rd #1602, Miamisburg, OH, 45342 generates $1,403/mo in rent, after a $4,209/mo payment. Total monthly income is $1,403/mo. Return on cash invested sits at 2.02% in year one, and rental yield is 1.96% on a $860,000 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation builds toward $237,602 over five years. Five-year ROI reaches 7.4% and total cumulative return in cash sums $20,933. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,403/mo property income rather than buyer’s personal income.
Multi Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45342, Miamisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,311 (100%) |
| Owner Occupied HU | 9,916 (57.3%) |
| Renter Occupied HU | 6,289 (36.3%) |
| Vacant Housing Units | 1,106 ( 6.4%) |
| Median Home Value | $248,361 |
| Average Home Value | $258,420 |
Housing Distribution
Address Breakdown
Residential
16,759
Single Family
14,303
Multi-Family
2,456
Businesses
895
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Listed by: N/A • Professional Realty
Mls Name: BHHS broker feed
Mls ID: #1844765