2047 Woodtrail Dr APT 44FairfieldOH45014
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
Investment property for sale in Fairfield at 2047 Woodtrail Dr APT 44, Fairfield, OH, 45014 uses $47,736 cash to close to unlock $7,519/yr annual cash flow and $627/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $705/mo payment keeps the spread at $627/mo. Purchase price stands at $144,000, and rental yield measures 13.12% with $1,574/mo rent. Return on cash invested shows 35.66% in year one, and 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 187.85% and total cumulative return in cash records $89,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $705/mo payment rather than investor’s personal income.
Condo
Built in 1983
387.68 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45014, Fairfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,902 (100%) |
| Owner Occupied HU | 11,851 (59.5%) |
| Renter Occupied HU | 7,357 (37.0%) |
| Vacant Housing Units | 694 ( 3.5%) |
| Median Home Value | $246,601 |
| Average Home Value | $280,956 |
Housing Distribution
Address Breakdown
Residential
19,301
Single Family
14,714
Multi-Family
4,587
Businesses
1,549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices