2150 Augusta Blvd APT 120FairfieldOH45014
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 2150 Augusta Blvd APT 120, Fairfield, OH, 45014 uses $43,095 cash to close to unlock $1,478/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $978/mo, and a $636/mo payment keeps the spread at $123/mo. Purchase price stands at $130,000, and rental yield measures 9.03% with $978/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 121.83% and total cumulative return in cash records $52,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1985
487.87 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