1723 Penelope PlLebanonOH45036
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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
Investment property for sale in Lebanon at 1723 Penelope Pl, Lebanon, OH, 45036 offers a 8.31% rental yield on a $575,000 purchase with $3,982/mo rent. Total monthly income registers $3,982/mo, and a $2,814/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,401/yr on $189,175 to close, and return on cash invested stands at 21.33% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 110.96% and total cumulative return in cash at $209,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,982/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45036, Lebanon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,137 (100%) |
| Owner Occupied HU | 11,405 (70.7%) |
| Renter Occupied HU | 4,230 (26.2%) |
| Vacant Housing Units | 502 ( 3.1%) |
| Median Home Value | $380,580 |
| Average Home Value | $426,576 |
Housing Distribution
Address Breakdown
Residential
15,577
Single Family
14,233
Multi-Family
1,344
Businesses
1,022
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