1875 Waterstone Blvd APT 103MiamisburgOH45342
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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 1875 Waterstone Blvd APT 103, Miamisburg, OH, 45342 generates $2,116/mo in rent and, after a $978/mo payment, leaves $802/mo in cash flow. Total monthly income is $2,116/mo, and annual cash flow is $9,618/yr on $66,267 invested. Return on cash invested sits at 34.42% in year one, and rental yield is 12.7% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 181.21% and total cumulative return in cash sums $120,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,116/mo property income rather than buyer’s personal income.
Condo
Built in 2002
1,964 sqft 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: Melissa R Crider • RE/MAX Victory + Affiliates
Mls Name: DABR MLS
Mls ID: #943703