3029 Old Salem RdDaytonOH45415
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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
Investment property for sale in Dayton at 3029 Old Salem Rd, Dayton, OH, 45415 uses $80,853 cash to close to unlock $6,737/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $2,166/mo, and a $1,194/mo payment keeps the spread at $561/mo. Purchase price stands at $243,900, and rental yield measures 10.66% with $2,166/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $67,385 over five years. Five-year ROI reaches 148.06% and total cumulative return in cash records $119,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,166/mo property income covering a $1,194/mo payment rather than investor’s personal income.
Single Family
Built in 1929
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45415, Dayton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,604 (100%) |
| Owner Occupied HU | 3,751 (66.9%) |
| Renter Occupied HU | 1,567 (28.0%) |
| Vacant Housing Units | 286 ( 5.1%) |
| Median Home Value | $209,853 |
| Average Home Value | $219,763 |
Housing Distribution
Address Breakdown
Residential
5,528
Single Family
4,692
Multi-Family
836
Businesses
330
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