246 Crest Hill AveVandaliaOH45377
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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 Vandalia at 246 Crest Hill Ave, Vandalia, OH, 45377 priced at $269,900 converts $2,114/mo rent into $339/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,114/mo, and annual cash flow totals $4,064/yr on $89,472 invested. Return on cash invested prints 24.45% in year one, and rental yield reads 9.4% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 127.73% and total cumulative return in cash sums $114,282. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,114/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45377, Vandalia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,279 (62.2%) |
| Renter Occupied HU | 2,275 (33.0%) |
| Vacant Housing Units | 330 ( 4.8%) |
| Median Home Value | $225,533 |
| Average Home Value | $250,948 |
Housing Distribution
Address Breakdown
Residential
6,737
Single Family
5,938
Multi-Family
799
Businesses
686
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