1783 Arcanum Ithaca RdArcanumOH45304
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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 Arcanum at 1783 Arcanum Ithaca Rd, Arcanum, OH, 45304 offers a 6.81% rental yield on a $259,900 purchase with $1,474/mo rent. 63% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 85.78% and total cumulative return in cash at $73,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,474/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45304, Arcanum, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,069 (100%) |
| Owner Occupied HU | 2,327 (75.8%) |
| Renter Occupied HU | 559 (18.2%) |
| Vacant Housing Units | 183 ( 6.0%) |
| Median Home Value | $211,305 |
| Average Home Value | $276,843 |
Housing Distribution
Address Breakdown
Residential
2,986
Single Family
2,986
Multi-Family
0
Businesses
129
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