3203 New Market Banta RdWest AlexandriaOH45381
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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 West Alexandria at 3203 New Market Banta Rd, West Alexandria, OH, 45381 uses $97,793 cash to close to unlock $1,049/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $2,028/mo, and a $1,444/mo payment keeps the spread at $87/mo. Purchase price stands at $295,000, and rental yield measures 8.25% with $2,028/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 109.11% and total cumulative return in cash records $106,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,028/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1974
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45381, West Alexandria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,588 (75.1%) |
| Renter Occupied HU | 346 (16.4%) |
| Vacant Housing Units | 181 ( 8.6%) |
| Median Home Value | $233,700 |
| Average Home Value | $294,884 |
Housing Distribution
Address Breakdown
Residential
2,200
Single Family
2,200
Multi-Family
0
Businesses
104
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Listed by: Tami Holmes • Tami Holmes Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #921369
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.