2920 Hoying DrTroyOH45373
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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 Troy at 2920 Hoying Dr, Troy, OH, 45373 generates $2,640/mo in rent and, after a $1,884/mo payment, leaves $108/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $1,297/yr on $127,594 invested. Return on cash invested sits at 20.93% in year one, and rental yield is 8.23% on a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 108.83% and total cumulative return in cash sums $138,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45373, Troy, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,667 (100%) |
| Owner Occupied HU | 10,828 (65.0%) |
| Renter Occupied HU | 5,016 (30.1%) |
| Vacant Housing Units | 823 ( 4.9%) |
| Median Home Value | $283,195 |
| Average Home Value | $308,376 |
Housing Distribution
Address Breakdown
Residential
16,465
Single Family
15,664
Multi-Family
801
Businesses
1,345
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