317 Summit AveTroyOH45373
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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 Troy at 317 Summit Ave, Troy, OH, 45373 earns $479/mo cash flow from $2,054/mo rent with a $1,172/mo payment. Total monthly income totals $2,054/mo, and annual cash flow totals $5,746/yr on $79,394 capital. ROI tracks 27.15% on current figures, and rental yield reads 10.29% at a $239,500 purchase. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 over five years. Five-year ROI reaches 142.15% and total cumulative return in cash sums $112,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,054/mo property income instead of your personal income.
Single Family
Built in 1929
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45373, Troy, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,667 (100%) |
| Owner Occupied HU | 10,828 (65.0%) |
| Renter Occupied HU | 5,016 (30.1%) |
| Vacant Housing Units | 823 ( 4.9%) |
| Median Home Value | $283,195 |
| Average Home Value | $308,376 |
Housing Distribution
Address Breakdown
Residential
16,465
Single Family
15,664
Multi-Family
801
Businesses
1,345
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