1620 Manier AvePiquaOH45356
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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 Piqua at 1620 Manier Ave, Piqua, OH, 45356 priced at $120,000 converts $1,913/mo rent into $1,124/mo cash flow after a $587/mo obligation. Total monthly income equals $1,913/mo, and annual cash flow totals $13,488/yr on $39,780 invested. Return on cash invested prints 53.82% in year one, and rental yield reads 19.13% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 285.15% and total cumulative return in cash sums $113,431. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,913/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45356, Piqua, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,349 (100%) |
| Owner Occupied HU | 6,943 (61.2%) |
| Renter Occupied HU | 3,660 (32.2%) |
| Vacant Housing Units | 746 ( 6.6%) |
| Median Home Value | $166,334 |
| Average Home Value | $238,466 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
10,163
Multi-Family
502
Businesses
765
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Listed by: Edward Miller • Galbreath REALTORS
Mls Name: DABR MLS
Mls Provider:
Mls ID: #919220
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.