24 Ramona DrFairbornOH45324
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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 Fairborn at 24 Ramona Dr, Fairborn, OH, 45324 at $159,900 posts ROI 31.65% with $519/mo cash flow from $1,571/mo rent. Total monthly income equals $1,571/mo, and annual cash flow records $6,226/yr on $53,007 to close. Return on cash invested measures 31.65% and rental yield reads 11.79% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 166.36% and total cumulative return in cash totals $88,182.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,571/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45324, Fairborn, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 9,659 (49.0%) |
| Renter Occupied HU | 8,751 (44.3%) |
| Vacant Housing Units | 1,322 ( 6.7%) |
| Median Home Value | $226,164 |
| Average Home Value | $267,907 |
Housing Distribution
Address Breakdown
Residential
19,348
Single Family
16,500
Multi-Family
2,848
Businesses
911
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