2245 Redbud LnDeltaOH43515
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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 Delta at 2245 Redbud Ln, Delta, OH, 43515 offers a 9.5% rental yield on a $164,900 purchase with $1,305/mo rent. Total monthly income registers $1,305/mo, and a $807/mo payment leaves $220/mo available for distribution. Annual cash flow reaches $2,645/yr on $54,664 to close, and return on cash invested stands at 24.75% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 129.37% and total cumulative return in cash at $70,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,305/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
4,948 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43515, Delta, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,337 (100%) |
| Owner Occupied HU | 2,611 (78.2%) |
| Renter Occupied HU | 559 (16.8%) |
| Vacant Housing Units | 167 ( 5.0%) |
| Median Home Value | $193,750 |
| Average Home Value | $209,627 |
Housing Distribution
Address Breakdown
Residential
3,236
Single Family
3,220
Multi-Family
16
Businesses
204
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