315 S Cherry StEatonOH45320
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Nearby investment properties with comparable prices
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 315 S Cherry St, Eaton, OH, 45320 priced at $160,000 pairs $1,406/mo rent with $354/mo cash flow after a $783/mo payment. Total monthly income equals $1,406/mo, and annual cash flow comes to $4,244/yr on $53,040 invested. Return on cash invested is 27.91% in year one, and rental yield stands at 10.54% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 146.27% and total cumulative return in cash reaches $77,582. For financing, Ziffy Mortgage’s DSCR program evaluates $1,406/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
9,500 sqft 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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