2014 Cedar Lake DrDaytonOH45424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dayton at 2014 Cedar Lake Dr, Dayton, OH, 45424 priced at $389,900 converts $2,646/mo rent into after a $1,908/mo obligation. Total monthly income equals $2,646/mo. Return on cash invested prints 19.14% in year one, and rental yield reads 8.14% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 99.76% and total cumulative return in cash sums $128,941. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,646/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45424, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,694 (100%) |
| Owner Occupied HU | 14,310 (66.0%) |
| Renter Occupied HU | 6,242 (28.8%) |
| Vacant Housing Units | 1,142 ( 5.3%) |
| Median Home Value | $188,476 |
| Average Home Value | $222,557 |
Housing Distribution
Address Breakdown
Residential
21,399
Single Family
21,087
Multi-Family
312
Businesses
1,202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles H Simms • Charles V. Simms Realty Co.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #907561
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.