281 Park Meadow DrBataviaOH45103
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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 Batavia at 281 Park Meadow Dr, Batavia, OH, 45103 generates $2,324/mo in rent and, after a $563/mo payment, leaves $1,567/mo in cash flow. Total monthly income is $2,324/mo, and annual cash flow is $18,809/yr on $38,123 invested. Return on cash invested sits at 69.25% in year one, and rental yield is 24.25% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 368.03% and total cumulative return in cash sums $140,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,324/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
7,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45103, Batavia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,169 (100%) |
| Owner Occupied HU | 9,944 (65.6%) |
| Renter Occupied HU | 4,585 (30.2%) |
| Vacant Housing Units | 640 ( 4.2%) |
| Median Home Value | $304,351 |
| Average Home Value | $318,815 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
12,576
Multi-Family
2,353
Businesses
723
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Listed by: Brandon Williams • Plum Tree Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #935289
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.