310 N Cherry StEatonOH45320
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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 Eaton at 310 N Cherry St, Eaton, OH, 45320 generates $1,169/mo in rent and, after a $857/mo payment, leaves $17/mo in cash flow. Total monthly income is $1,169/mo, and annual cash flow is $209/yr on $58,013 invested. Return on cash invested sits at 20.27% in year one, and rental yield is 8.02% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 105.32% and total cumulative return in cash sums $61,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,169/mo property income rather than buyer’s personal income.
Multi Family
Built in 1921
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45320, Eaton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,006 (100%) |
| Owner Occupied HU | 4,765 (68.0%) |
| Renter Occupied HU | 1,685 (24.1%) |
| Vacant Housing Units | 556 ( 7.9%) |
| Median Home Value | $203,945 |
| Average Home Value | $254,695 |
Housing Distribution
Address Breakdown
Residential
6,685
Single Family
6,459
Multi-Family
226
Businesses
499
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Listed by: Marilyn A Haber • Country Mile REALTORS
Mls Name: DABR MLS
Mls Provider:
Mls ID: #915861
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.