2298 S Lakeman DrBellbrookOH45305
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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 Bellbrook at 2298 S Lakeman Dr, Bellbrook, OH, 45305 offers a 10.22% rental yield on a $289,900 purchase with $2,468/mo rent. Total monthly income registers $2,468/mo, and a $1,419/mo payment leaves $561/mo available for distribution. Annual cash flow reaches $6,732/yr on $96,102 to close, and return on cash invested stands at 26.91% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 140.9% and total cumulative return in cash at $135,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,468/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45305, Bellbrook, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,977 (100%) |
| Owner Occupied HU | 3,780 (75.9%) |
| Renter Occupied HU | 1,026 (20.6%) |
| Vacant Housing Units | 171 ( 3.4%) |
| Median Home Value | $373,891 |
| Average Home Value | $429,979 |
Housing Distribution
Address Breakdown
Residential
4,657
Single Family
4,517
Multi-Family
140
Businesses
318
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