303 E Main StEnonOH45323
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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 Enon at 303 E Main St, Enon, OH, 45323 generates $9,829/mo in rent and, after a $4,160/mo payment, leaves $4,238/mo in cash flow. Total monthly income is $9,829/mo, and annual cash flow is $50,860/yr on $279,617 invested. Return on cash invested sits at 38.25% in year one, and rental yield is 13.88% on a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 201.68% and total cumulative return in cash sums $563,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,829/mo property income rather than buyer’s personal income.
Multi Family
Built in 1974
8,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45323, Enon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,702 (73.0%) |
| Renter Occupied HU | 509 (21.8%) |
| Vacant Housing Units | 119 ( 5.1%) |
| Median Home Value | $193,907 |
| Average Home Value | $239,175 |
Housing Distribution
Address Breakdown
Residential
2,248
Single Family
2,248
Multi-Family
0
Businesses
138
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Listed by: Terry Blakley • RE/MAX Victory + Affiliates
Mls Name: DABR MLS
Mls Provider:
Mls ID: #908528
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.