2420 Ridgeway RdOakwoodOH45419
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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
Rental property for sale in Oakwood at 2420 Ridgeway Rd, Oakwood, OH, 45419 priced at $869,000 converts $6,343/mo rent into $627/mo cash flow after a $4,253/mo obligation. Total monthly income equals $6,343/mo, and annual cash flow totals $7,526/yr on $285,901 invested. Return on cash invested prints 22.69% in year one, and rental yield reads 8.76% against a $869,000 entry. Equity gained on principal adds $5,608/yr, while 5% annual appreciation compiles into $240,089 by year five. Five-year ROI reaches 118.26% and total cumulative return in cash sums $338,111. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,343/mo property income covering a $4,253/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45419, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,693 (100%) |
| Owner Occupied HU | 4,860 (63.2%) |
| Renter Occupied HU | 2,285 (29.7%) |
| Vacant Housing Units | 548 ( 7.1%) |
| Median Home Value | $260,751 |
| Average Home Value | $314,234 |
Housing Distribution
Address Breakdown
Residential
7,395
Single Family
5,984
Multi-Family
1,411
Businesses
271
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