311 S 3rd StTipp CityOH45371
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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 Tipp City at 311 S 3rd St, Tipp City, OH, 45371 generates $1,261/mo in rent, after a $1,346/mo payment. Total monthly income is $1,261/mo. Return on cash invested sits at 12.71% in year one, and rental yield is 5.5% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 64.78% and total cumulative return in cash sums $59,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,261/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
8,319 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45371, Tipp City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,592 (73.6%) |
| Renter Occupied HU | 2,304 (22.3%) |
| Vacant Housing Units | 415 ( 4.0%) |
| Median Home Value | $329,487 |
| Average Home Value | $359,372 |
Housing Distribution
Address Breakdown
Residential
10,206
Single Family
10,096
Multi-Family
110
Businesses
585
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