2617 Hancock AveDaytonOH45406
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.52% yield at 2617 Hancock Ave, Dayton, OH, 45406 in Dayton is solid, but the $463/mo payment compresses net cash flow to $139/mo at $103,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $28,457 by year five, and $949/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.76) without U.S. income documentation. Total projected return: $48,247.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.1% |
| Monthly Cash Flow | $139 | $450 |
City averages based on Dayton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $817 |
| Total Monthly Debt Service | $637 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1919
7,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45406, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,175 (100%) |
| Owner Occupied HU | 4,249 (38.0%) |
| Renter Occupied HU | 4,970 (44.5%) |
| Vacant Housing Units | 1,956 (17.5%) |
| Median Home Value | $91,202 |
| Average Home Value | $152,855 |
Housing Distribution
Address Breakdown
Residential
10,110
Single Family
8,015
Multi-Family
2,095
Businesses
418
Nearby investment properties with comparable rents
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
Single Family
Built in 1919
7,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45406, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,175 (100%) |
| Owner Occupied HU | 4,249 (38.0%) |
| Renter Occupied HU | 4,970 (44.5%) |
| Vacant Housing Units | 1,956 (17.5%) |
| Median Home Value | $91,202 |
| Average Home Value | $152,855 |
Housing Distribution
Address Breakdown
Residential
10,110
Single Family
8,015
Multi-Family
2,095
Businesses
418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices