248 Castlewood AveDaytonOH45405
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Nearby investment properties with comparable prices
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 Dayton at 248 Castlewood Ave, Dayton, OH, 45405 offers $1,214/mo rent that, after a $704/mo payment, leaves $268/mo cash flow. Total monthly income is $1,214/mo, and annual cash flow is $3,213/yr on $47,703 cash. Return on cash invested measures 26.64% in year one, and rental yield stands at 10.12% at a $143,900 entry. Equity gained on principal adds $929/yr while 5% annual appreciation compounds into $39,757 by year five. Five-year ROI records 139.46% and total cumulative return in cash reaches $66,527. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,214/mo property income versus a $704/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
7,108 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45405, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,144 (100%) |
| Owner Occupied HU | 3,013 (29.7%) |
| Renter Occupied HU | 5,164 (50.9%) |
| Vacant Housing Units | 1,967 (19.4%) |
| Median Home Value | $79,735 |
| Average Home Value | $143,361 |
Housing Distribution
Address Breakdown
Residential
8,755
Single Family
6,568
Multi-Family
2,187
Businesses
344
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